Besides, nobody gets to opt out of taxes they disagree with. In that system, why would anyone choose to opt out of the occasional benefit they might qualify for?
Nah, you're savings will just get annihilated by inflation as the Gov prints to pay for all our student debt we scam our way out of.
Most likely its too high together for a decent reduction. Its based on 1.5% of the poverty levels currently. How do your two incomes balance? If one of you is significantly lower than the other, one of you might benefit looking at it individually.
I had them pull my tax documents. If you elect to use the "personal affidavit" then you need to upload supporting documents such as your tax documents, W2s etc.
Honestly don't remember since I filled it out a few months ago. They just asked me how much I make and I put in my base salary. Knocked my loans down to 90 bucks a month. It got transferred to mohela after that.
Incorrect. If your payments are lowered to zero that zero payment counts as a payment made and after whatever the years on the loan it is closed as paid in full when it runs it's course. I think it's 20 years, so after 20 years of zero payments your debt is paid in full.
Interesting, I did not see that scanning over the website. Went back through this thread and some of things Palum mentioned either aren't on their website or I missed them too.
I haven't even signed up for it yet and my payments have been like $37/month. They were around $200/month pre Covid. I was worried about my income being too high this year and how it will effect my future payments but I guess I shouldn't be worried about that.
