May 2027. That's when I expect to pay off my student loans Student Loans |
- May 2027. That's when I expect to pay off my student loans
- Loans for a degree in a field where Ive injured myself and feel I can no longer work in my physical conditions. Options?
- IBR and company paid for tuition added to income tax
- Using student loans to pay off student loans
- $1 balance remains after consolidation
- Help with student loans.
- If I have a cosigner but I am sixteen, can I get a loan from Sallie Mae?
- To merge bank accounts with spouse or not to with PSLF
- Please help
- Questions Regarding Teacher Loan Forgiveness/Teach Grants
- Rehabilitation or consolidation? Looking to go back to school too.
- Married Tax Status Calculator
| May 2027. That's when I expect to pay off my student loans Posted: 27 Apr 2018 06:33 PM PDT I will have paid $ 243,250 total and $87,500 in interest. Calculated in excel by paying down the highest interest loans first then applying that PMT to the next highest all the way down. Each month I add the interest based on the number of days in the month then subtract the PMT+Whatever additional based on other loans being paid off. I finish my car payments in september and thats when things pick up. Anyone else obsess over their loans? [link] [comments]  |
| Posted: 27 Apr 2018 04:00 PM PDT Hi all. So I got a degree in pastry arts 5 years ago but hurt my lower back about 3.5 years ago. I recently had surgery on my troubled area 6 months ago. Working in a kitchen is insanely intense on the body. But I tried applying EVERYWHERE to any type of desk work position or nothing labor intensive and couldn't get hired in anything else so I am back in the kitchen setting. I have hurt my back again (which Im devastated about). Im getting an MRI next week because myself or the surgeons assistant has no clue whats happening. I have been wanting to go into the field of social work to become a therapist for over a year now. My mother once told me there was an option that you can go back to school for free if you can no longer work in your original field of study due to injury. Anyone know if this is true? Also would there be any case of being able to discharge my loans if I can prove that staying in my field will just continue to break down my body and probably over the years make things worse? Just curious. Thank you [link] [comments]  |
| IBR and company paid for tuition added to income tax Posted: 27 Apr 2018 11:42 PM PDT If I am on an IBR plan for pslf and take classes paid for by my company (which I will have to pay taxes on, added to my income tax), will the paid tuition money be calculated into my ibr and leave me with higher monthly payments? [link] [comments]  |
| Using student loans to pay off student loans Posted: 27 Apr 2018 07:15 PM PDT Theoretically, let's say you took out government subsidized loans while going to a community college, which began to accrue interest after a 6-month period before continuing at a university. You enter a university which then offers you government subsidized loans equivalent in value to the ones previously taken out (now accruing interest). Is it unlawful to use the new loans to pay off the previous loans? [link] [comments]  |
| $1 balance remains after consolidation Posted: 27 Apr 2018 12:08 PM PDT I recently consolidated my defaulted federal student loans. I used great lakes as my lender. On 3/16/18 my federal loans were paid off by great lakes. All of the loans that were included in the consolidation process all still have $1 balance remaining. Do I dispute all the accounts with the $1 balance with the credit bureaus or do I contact great lakes? I'd like to have all those accounts marked paid and closed. [link] [comments]  |
| Posted: 27 Apr 2018 09:56 PM PDT I first began my college career as pre-med, so I have most of the classes taken. Then I changed my major to Business. After a while, I've liked to go back into medicine but it's difficult to get a loan after you've had your Bachelors. What options do I have to get some financial help because I need to make up a 5 classes and 3 labs, and it would be difficult for me to work. PS I'm getting into a Master's degree in Nursing so I have most of the classes I need, but financial help would be great, because they require a certain grade for each class, and I would like to concentrate my all into achieving what they want. Please help, am desperate. [link] [comments]  |
| If I have a cosigner but I am sixteen, can I get a loan from Sallie Mae? Posted: 27 Apr 2018 07:39 PM PDT I thought yes but SunTrust denied me on account of my age even though my mother was a cosigner. [link] [comments]  |
| To merge bank accounts with spouse or not to with PSLF Posted: 27 Apr 2018 07:18 PM PDT Need some input.. I am currently enrolled in Public Service Loan Forgiveness and paying monthly payments with the income base repayment plan. I have over 200K in student loans plus interest for some of my bachelors degree and then mostly my doctorate degree. I am going to be married soon and heard from other cohorts from my class that if you combine your bank account with your spouse then your monthly payment will increase as your income has now increased as result of merging bank accounts and subsequently filing taxes together as married. Does this make a difference or not? If so, is it worth it to not merge bank account and file taxes as separate? We do not have kids and do not own a house yet, so at this time I'm not sure it makes any difference to file our taxes separate or together. Any insight would be helpful regarding if this will affect my monthly payment and if we should merge or not. Thanks in advance! [link] [comments]  |
| Posted: 27 Apr 2018 04:51 PM PDT I am 24, been out of school for a couple years. I have 3 loans out. about 24k with great lakes, I owe 3k directly to my school, and about 6-7k FedLoan. I told my school I cannot pay at this time and they seemingly understood. I have been decent about my Great Lakes, although I need to lower those payments as well. My FedLoan however, has just defaulted. My mom actually took out the loan as a parent plus. Being the first in my family to go to school, we didn't know what we were signing up for. I had good work out of college for 3 years and was just this last November laid off. I stopped paying the Fedloan because of how difficult it was already to pay them. Each time it took 25+ minutes because I was not even named on the account some how. Ever Time I talked to anyone they told me something different. Back in January 2018, my mother and I finally sat down and called them and told them that I could not afford to pay it and needed smaller payments. The guy told me that I could pay as low as $5 a month. I did that, but as I tried to pay just now, the guy said that there had been no records of payments since last year and that Fedloan transferred it to some default company. I am scared sick right now. My mom's credit has tanked, they will probably start garnishing her wages soon. I don't know what to do. After I was laid if I got a job as a Real Estate Broker, but having only started in February I have no money. I cannot make the payments. What do I do? I have no idea what to do. I feel like I'm drowning. [link] [comments]  |
| Questions Regarding Teacher Loan Forgiveness/Teach Grants Posted: 27 Apr 2018 03:49 PM PDT Hello, My wife is a Special Education Teacher in a high poverty district. She's going to be graduating in a couple of weeks, and I had some questions regarding teacher loan forgiveness/teach grant stuff. Do the loans have to be consolidated to have the maximum allowed forgiven? She has had 3 separate disbursements, each being Direct Unsubsidized Stafford Loans. Is consolidating necessary for the forgiveness to apply, or should it not matter? Should we consider consolidating her loans anyway? I'm also guessing consolidating my loans with hers wouldn't really be an option/would invalidate the forgiveness option? (With interest, her loans are sitting around 24K, TEACH grant stuff is less than 3K but is separate as long as she fulfills that obligation. My loans are currently under 15K and will probably be around 18K by the time I graduate) Since she is a Special Education Teacher that teaches in a high poverty/low-income district, in 5 years she will be able to forgive up to $17,500 - provided I'm reading things correctly. At what point does the 5 year start to apply? After she graduates? When she has to start making payments? After her last loan is disbursed? After the first loan is disbursed? Similarly, my wife received a TEACH grant (disbursed 3 separate times in accordance with the loans). A TEACH grant requires 4 (I thought it was 5? Did they change that very recently?) years of service at designated high poverty districts, one of which my wife has taught at since she started this Master's program. When do the years start counting towards her completion of the TEACH grant requirements? Any help on this would be greatly appreciated. Of course, if more specific information is needed, I can provide that. Hopefully I've phrased and explained things in a way that's not confusing or hard to understand. Thank you! [link] [comments]  |
| Rehabilitation or consolidation? Looking to go back to school too. Posted: 27 Apr 2018 08:04 AM PDT So my Direct Stafford Unsubsidized loan ($12,000) have been in default for about four years and my wages have been garnished for the past two years. I've been irresponsible and have just ignored it until now. I'm looking to finish my undergrad degree soon and obviously can't pay out of pocket. I'm looking at rehabilitation or consolidation and don't know what would be my best option. I make about $40k a year for background. Any thoughts? [link] [comments]  |
| Posted: 27 Apr 2018 06:52 AM PDT Does anyone know of a calculator or some other tool to compare married filing jointly vs. married filing separately in terms of student loan repayment? [link] [comments]  |
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