2 ms·
I don't know if the debt load is all that heavy with student loans. If you take out more than $30k or so (I forget the exact amount) you can qualify for income
by learc83 11y ago
I don't know if the debt load is all that heavy with student loans. If you take out more than $30k or so (I forget the exact amount) you can qualify for income based repayment where you pay back only 10% of your discretionary income (Income - 1.5 * Federal poverty level) for 20 years.
If you are stuck with a crappy low paying job, that means that your only paying 10% of any income over about $18k (for a single person).