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Post by Tweet on Aug 29, 2022 10:49:53 GMT -6
Just curious how this broke down for the board at large
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Post by llamaoftime on Aug 29, 2022 10:51:47 GMT -6
I had about exactly $10k left so I'm now student debt free so that's really cool
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Post by alady on Aug 29, 2022 11:11:31 GMT -6
One of the friends I traveled with last week had his loan wiped out. He'd been paying on them throughout the pandemic and I understand you can get that money back too?
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Post by nanatod on Aug 29, 2022 11:15:28 GMT -6
voted "didn't help me, but hell yeah all the same" because haven't been in school since mid 1986, and haven't owed student loans since sometime around 1996-1998.
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Post by llamaoftime on Aug 29, 2022 11:25:56 GMT -6
One of the friends I traveled with last week had his loan wiped out. He'd been paying on them throughout the pandemic and I understand you can get that money back too? Yeah, any payments you made since March 2020 with <$10k left (or $20k if you had pell grants) you can get refunded. I should be able to get a tiny refund myself, I was paying throughout the pandemic because of the no interest Which speaking of, I feel like it's been really underreported that for remaining balances as long as you meet the minimum payment (which have also been capped to much lower with this directive) you won't accrue anymore interest on your loans. That's really huge |
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Post by dij22 on Aug 29, 2022 11:33:00 GMT -6
Wow, results are surprising. 16 of 19 boarders are rich.
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Post by Pale Hose on Aug 29, 2022 11:37:13 GMT -6
One of the friends I traveled with last week had his loan wiped out. He'd been paying on them throughout the pandemic and I understand you can get that money back too? Yeah, any payments you made since March 2020 with <$10k left (or $20k if you had pell grants) you can get refunded. I should be able to get a tiny refund myself, I was paying throughout the pandemic because of the no interest Which speaking of, I feel like it's been really underreported that for remaining balances as long as you meet the minimum payment (which have also been capped to much lower with this directive) you won't accrue anymore interest on your loans. That's really huge Can you link me where you're seeing this? We paid off the last of MPH's loans earlier this year. If we can get some of that money back that would be sweet. |
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Post by llamaoftime on Aug 29, 2022 11:45:51 GMT -6
Yeah, any payments you made since March 2020 with <$10k left (or $20k if you had pell grants) you can get refunded. I should be able to get a tiny refund myself, I was paying throughout the pandemic because of the no interest Which speaking of, I feel like it's been really underreported that for remaining balances as long as you meet the minimum payment (which have also been capped to much lower with this directive) you won't accrue anymore interest on your loans. That's really huge Can you link me where you're seeing this? We paid off the last of MPH's loans earlier this year. If we can get some of that money back that would be sweet. Apparently since the pause you've been able to get anything you've paid refunded if you wanted to, I didn't realize that |
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Post by kb on Aug 29, 2022 11:53:32 GMT -6
Wow, results are surprising. 16 of 19 boarders are rich. and/or old. i'm lucky af and my grandparents gave me a sum of monies that covered all of my college except for like $4K which i paid off in a few years. |
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Post by Pale Hose on Aug 29, 2022 11:57:23 GMT -6
So if I'm reading that correctly, we would first need to ask for a refund, and then apply for the debt to be cancelled? Is that correct? |
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Post by borracho on Aug 29, 2022 12:52:51 GMT -6
Wow, results are surprising. 16 of 19 boarders are rich. and/or old. i'm lucky af and my grandparents gave me a sum of monies that covered all of my college except for like $4K which i paid off in a few years. yeah old fits me ;–) but also i went to school at a time when it was $20/credit hour. i started on scholarship and blew it my first year but luckily my folks agreed to pay for my schooling until i graduated so i wouldn't have to take out loans. but like i said it wasn't nearly as expensive as it is today. working at a university i'm keenly aware of how expensive it is now and can't imagine going through school today or having to pay for your kids. and here we have to keep raising tuition because the state lowers our funding every year and enrollment is dropping so we have to raise money somehow, and we keep letting faculty and staff go but the gap seems to never close :–( |
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Post by venom on Aug 29, 2022 13:02:38 GMT -6
my dad and stepmom worked at state schools. one of their union benefits was their kids could go to any state school at a heavy discount. so i did that. and it was before tuition inflation was outrageous. i knew i was lucky for that then, but it really sunk in over the last twenty years.
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Post by thebosma on Aug 29, 2022 13:08:53 GMT -6
my dad and stepmom worked at state schools. one of their union benefits was their kids could go to any state school at a heavy discount. so i did that. and it was before tuition inflation was outrageous. i knew i was lucky for that then, but it really sunk in over the last twenty years. Yeah, my dad teaches at a university and I was able to go for free as a result. Extremely thankful for it |
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Post by concertgoer on Aug 29, 2022 13:15:06 GMT -6
Wow, results are surprising. 16 of 19 boarders are rich. Not rich here haha. Was just very fortunate that my parents were able to pay for my college and that I went to a public university where tuition was reasonable. |
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Post by borracho on Aug 29, 2022 13:17:03 GMT -6
my dad and stepmom worked at state schools. one of their union benefits was their kids could go to any state school at a heavy discount. so i did that. and it was before tuition inflation was outrageous. i knew i was lucky for that then, but it really sunk in over the last twenty years. yeah one of our benefits here is 14 credit hours free for either us or dependents, but it doesn't cover fees and that's where we get you ;–) |
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Post by wanny on Aug 29, 2022 13:46:02 GMT -6
Wow, results are surprising. 16 of 19 boarders are rich. Not rich here haha. Was just very fortunate that my parents were able to pay for my college and that I went to a public university where tuition was reasonable. Same thing here. I did two years of CC and two years of public university. |
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Post by dij22 on Aug 29, 2022 13:58:55 GMT -6
Where are my fellow childhood poors
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Post by mookie on Aug 29, 2022 14:06:50 GMT -6
Where are my fellow childhood poors Hell yeah buddy Had a bunch of scholarships, and I think my school cost about half of what it does now when I graduated. So I paid mine off in about 5 years |
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Post by alady on Aug 29, 2022 14:47:06 GMT -6
I was a child poor and had a full scholarship for undergrad, but I still have a bunch of loans from law school that I luckily consolidated at like 1% (just before interest rates started getting crazy) so I'm not super motivated to pay them off. It sounds like that would go down to 0% as long as I'm making the minimum payment which is hardly anything, but still, nice.
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Post by ten15 on Aug 29, 2022 14:50:27 GMT -6
Where are my fellow childhood poors I was a childhood poor, but I am also old now. Scholarships did a lot for me for undergrad, and my employer paid for half-ish of my MBA. |
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Post by teekoh on Aug 29, 2022 15:15:25 GMT -6
I had a college savings account from when I was little that covered most if not all of my first year, plus a good scholarship. I worked as an RA and had a couple of other jobs the rest of my undergrad, which paid for most of it, and my parents covered whatever bit was left.
My TA assistantship paid for my master's.
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Post by munkivelli on Aug 29, 2022 15:50:12 GMT -6
Did CC for two years on a full ride scholarship, and two and a half years at a university with half of tuition covered by scholarships, so I was able to avoid loans with money I saved and some help from my folks.
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Post by zircona1 on Aug 29, 2022 15:54:49 GMT -6
I was fortunate, my parents paid for my undergraduate studies.
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Post by doso on Aug 29, 2022 20:44:17 GMT -6
I was fortunate, my parents paid for my undergraduate studies. Same here. Kind of crazy on their part but college was more affordable back then. My sister didn’t go to college so they also just paid for one kid. |
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Post by Tweet on Aug 30, 2022 18:45:40 GMT -6
Through a combination of factors I was able to graduate mostly debt free. I am v v much on my own for graduate school should I go that route but A. It doesn't look like I have to right now and B. Glad to see no one has told me to go fuck myself in this thread so far
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Post by wanny on Aug 30, 2022 19:26:21 GMT -6
I was fortunate, my parents paid for my undergraduate studies. Same here. Kind of crazy on their part but college was more affordable back then. My sister didn’t go to college so they also just paid for one kid. Ya my sister got a full ride through athletics, so it evens out  |
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