When you play the game of loans, you win or you die.

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > When you play the game of loans, you win or you die.

Move into a cheaper apartment - do you live in New York or something?

# ¿ Apr 26, 2014 23:54

# ¿ May 10, 2024 08:01

OP all your federal student loans should qualify for Pay As You Earn where the monthly payments are capped at 10% of your discretionary income, and after 20 years of payments the debt is forgiven:

http://studentaid.ed.gov/repay-loans/understand/plans/pay-as-you-earn

If the loans are older there's a similar program called IBR where the monthly payments are capped at 15% of your discretionary income, and after 25 years of payments the debt is forgiven:

http://studentaid.ed.gov/repay-loans/understand/plans/income-based

# ¿ Apr 27, 2014 06:43

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > When you play the game of loans, you win or you die.