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Response to George II (Reply #8)

Thu Aug 19, 2021, 12:37 PM

9. They already have the 10% PAYE option

But lenders and admins don't tell people about it. The 10% PAYE option means someone who makes $60K a year ends up paying $360 a month for 20 years, and then at the end of that 20 years if there's a balance, it's forgiven. 25 years for graduate school loans.

So when I hear people paying $1200 a month, I think they must not be away of the PAYE option or they're making $200K a year.

Dropping ti to 5% makes that $360, $180, it's life changing and tha'ts what Joe promised to do.

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George II Aug 2021 OP
WhiskeyGrinder Aug 2021 #1
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George II Aug 2021 #6
WhiskeyGrinder Aug 2021 #7
George II Aug 2021 #10
WhiskeyGrinder Aug 2021 #12
USALiberal Aug 2021 #15
LanternWaste Aug 2021 #16
USALiberal Aug 2021 #17
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LanternWaste Aug 2021 #23
George II Aug 2021 #18
WhiskeyGrinder Aug 2021 #24
George II Aug 2021 #25
WhiskeyGrinder Aug 2021 #26
George II Aug 2021 #27
Aristus Aug 2021 #2
Johnny2X2X Aug 2021 #5
George II Aug 2021 #8
LineLineLineReply They already have the 10% PAYE option
Johnny2X2X Aug 2021 #9
JoanofArgh Aug 2021 #11
MichMan Aug 2021 #13
USALiberal Aug 2021 #14
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