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Good points -- interest still accrues, and some loans are private and you don't get access to all the pay-as-you-earn and income-based/income-driven repayment o
by zaroth 9y ago
Good points -- interest still accrues, and some loans are private and you don't get access to all the pay-as-you-earn and income-based/income-driven repayment options. But for Federal loans with IDR, you absolutely can get a $0 monthly payment without any impact to your credit score, and this is not at all uncommon.
- lovich 9y agoCorrect, but as long as a significant portion of loans don't have that option it stands to reason that it would put a downward pressure on the number of people who felt they could start a new business