Re:U.S. Stepping Up Enforcement on Delinquent Student Loans
by rayiner on Sunday May 12, 2019 @04:29PM
(#19894359)
Same is true in the US.
[ Parent
| on HN ]
Re:U.S. Stepping Up Enforcement on Delinquent Student Loans
by otaviokz on Sunday May 12, 2019 @04:35PM
(#19894400)
So, after the 6 months of "grace period", does only students with and a minimum wage get to pay it? I thought you just had to start paying after 6 months.
Re:U.S. Stepping Up Enforcement on Delinquent Student Loans
by bko on Sunday May 12, 2019 @04:47PM
(#19894462)
If you enroll in income based repayment, you pay 10% of discretionary income for 20 years. I'm not sure how "discretionary income" is calculated but its probably similar to the UK threshold
[0] https://studentaid.ed.gov/sa/repay-loans/understand/plans/in...
Re:U.S. Stepping Up Enforcement on Delinquent Student Loans
by dotnetdemon on Sunday May 12, 2019 @05:57PM
(#19894832)
Don’t forget that any remaining balance that is forgiven at the end gets counted as income on your taxes.