• OwenEverbinde@lemmy.myserv.one
    link
    fedilink
    English
    arrow-up
    10
    ·
    edit-2
    1 year ago

    Anyone signing up for the new SAVE income driven repayment plan?

    Apparently if you’re making anything under $32,800, your payments can still be paused. (The number is higher if you have kids to feed)

    • MajorHavoc@lemmy.world
      link
      fedilink
      arrow-up
      13
      ·
      edit-2
      1 year ago

      I’m glad to hear that’s in place. It’s almost literally the least we could do. It’s wild that we needed a law for that.

      I would be surprised if there’s many people in the US earning under $32.8k and successfully making every loan payment, anyway.

      Seems like the program just acknowledges what ought to happen anyway.

    • Mdotaut801@lemmy.world
      link
      fedilink
      arrow-up
      8
      arrow-down
      3
      ·
      edit-2
      1 year ago

      You have to try to make under 32,800. That’s not very helpful to a lot of college grads lol.

      Edit: why am I getting downvoted? If you have a degree and are only making 32,800 or less, then you need to reevaluate your whole life. Hell, I made more than that coming out of high school. My gf is still finishing her degree and she makes 85. You people are fucking yourselves. Find a new job.

      • Toribor@corndog.social
        link
        fedilink
        English
        arrow-up
        2
        ·
        edit-2
        1 year ago

        You’re assuming everyone with college loans has a degree which is not always true. Plenty of people take out loans intending to get a degree and don’t make it all the way. Those loans don’t just go away. Now they are paying towards a loan while having none of the benefits from having a degree.

        It’s pretty easy to understand why many people with student loans might be making less than ~$30k a year if you think about it a little bit.