So if I take out a student loan for the upcoming school year, which would be

Jul 1, 2024
1:58:14pm

BaseCoug Truly Addicted User

Unsubsidized, what are the odds it gets forgiven and deleted? Is it worth the risk as an unsubsidized loan which to my understanding accrues interest immediately?

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BaseCoug

Bio page: BaseCoug
Joined: Oct 12, 2023
Last login: Jul 3, 2024
Total posts: 2,419 (0 FO)

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Messages

Author

Time

So if I take out a student loan for the upcoming school year, which would be

BaseCoug

Jul 1, 1:58pm

No, it is not worth the risk. It won't be forgiven.

Tokolosh

Jul 1, 1:59pm

Yeah, that ship sailed I think. Or was burned in the harbor. However you want to

paulb

Jul 1, 2:01pm

Take it out and pay it back.

Thrill

Jul 1, 2:00pm

You probably missed the deadline for loan forgiveness. It is a COVID era policy

BlooCoug

Jul 1, 2:05pm

Not just a covid thing. The Borrower Defense to Repayment process still exists

Thrill

Jul 1, 2:07pm

I've never heard of that. What is it?

BlooCoug

Jul 1, 2:09pm

link here....it is for people who think their college defrauded them

Thrill

Jul 1, 2:20pm

Please don't plan your future like that.

XORCoug

Jul 1, 2:06pm

This.

BlooCoug

Jul 1, 2:10pm

Never take a loan you don't fully intend to pay back. That's crazy

Jericho

Jul 1, 2:09pm

Don’t be part of the problem. Take the loan and pay it back, or don’t take the loan.

Swag Kazekage

Jul 1, 2:11pm

Good idea. Loan forgiveness is inevitable and you should take out the max amount available to you.

backprop

Jul 1, 2:20pm

It depends. If you’re going into a non-profit or public job, you can get public

Soren Tversky

Jul 1, 2:21pm

This. I used it. It worked.

diluigifan

Jul 1, 2:22pm

If you work for a non profit for 10 years doing the "Income Based Repayment"

diluigifan

Jul 1, 2:22pm

And then taxed as income? Or is that under another plan?

byubyu

Jul 1, 3:10pm

If I walk into a store, find a way to steal $20 that nobody sees.Should I do it?

Cougarclaw

Jul 1, 2:33pm

I don't think Trump is going to continue Biden's vote buying scheme into his administration.

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