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Forum Post: student loans- 20 bucks a month for 20k income

Posted 1 year ago on May 16, 2012, 1:25 p.m. EST by gestopomillyy (1695)
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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.

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[-] 2 points by shadz66 (17667) 1 year ago

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 ...