>If you're making 30K you don't have a mortgage. True, but that's probably the case regardless of whether you have a $100 a month student loan payment. > 100$

>If you're making 30K you don't have a mortgage. True, but that's probably the case regardless of whether you have a $100 a month student loan payment. > 100$ a month for life is a significant fraction of your disposable income, and it never ends. It's not for life. If you haven't paid it off in 20 years, the rest is forgiven. >Anyway, folks aren't bellyaching about $100 a month. Student loans are costing millions of Americans many times that for 20 years. The income plan is for people on the lower side of the income scale. The standard plan is only 10 years. If you can afford that, you'll be done in 10 years. If you can't afford that, it's unlikely that you'll pay "many" times $100 a month for 20 years because what you pay is directly proportional to your income. And anyway, $100 a month for someone making $30k a year is basically an equivalent burden to $350 for someone making $60k. Sure there are exceptions--people who took out enormous sums of money to live on campus at an out of state school. The solution is to got to either go to a state school and don't live on campus, get scholarships, or go to a school with a large enough endowment to waive most of the cost.