Forum Post: student loans- 20 bucks a month for 20k income
Posted 12 years ago on May 16, 2012, 1:25 p.m. EST by gestopomillyy
(1695)
This content is user submitted and not an official statement
you do not have to freak over student loans.. if you do not find a job making over 30k.. use this to avoid having to pay hundreds a month.
http://studentaid.ed.gov/PORTALSWebApp/students/english/IBRCalc.jsp
set up a separate bank account, put in 300 bucks.. set up automatic withdrawal. put a little in once in a while.. your set. the catch is.. you can never miss a payment or this goes away and you have to pay 15% or more of your income in payments.
Important 'forum-post' for anyone who is a prospective student, parent or even grandparent and it warrants bumpage if not comment. As an aside, though I myself advocate 'Free at the point of use Education to graduate level - in the current climate and status quo, it's a case of "any port in a storm" !!
non semper erit aestas ...