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PAYE expansion OMITTED from 2014 budget, costs law grads 230K

http://www.mainstreet.com/article/moneyinvesting/education-p...
Self-absorbed faggot firefighter
  02/17/14
holy shit non-flame PAYE poast. thanks
Elite stirring famous landscape painting hissy fit
  02/17/14
...
Comical brass boltzmann
  02/17/14
I just want to point out a real PAYE post even if its negati...
Up-to-no-good Haunted Graveyard
  02/17/14
Fucking got omitted.
Self-absorbed faggot firefighter
  02/17/14
rofl. that's by JULIA
Comical brass boltzmann
  02/17/14
Yeah, that's why all the numbers and math make no sense at a...
Self-absorbed faggot firefighter
  02/17/14
...
Comical brass boltzmann
  02/17/14
The differentials/numbers are taken straight from the DOE st...
Duck-like Gaping Ticket Booth
  02/17/14
Explain this: Take, for example, a private college or gra...
Self-absorbed faggot firefighter
  02/17/14
where in the link does it show PAYE not being extended? Did...
Comical brass boltzmann
  02/17/14
I called the DOE, student loan servicers and student loan ex...
Duck-like Gaping Ticket Booth
  02/17/14
I see. Would something like this normally take some time to...
Comical brass boltzmann
  02/17/14
Not that I know of.
Duck-like Gaping Ticket Booth
  02/17/14
I'm PAYE eligible already. u mad?
Comical brass boltzmann
  02/17/14
Just a little jelly, bro
Duck-like Gaping Ticket Booth
  02/17/14
...
sinister tattoo hairy legs
  02/17/14
johnsmeyer works on the Hill. if he says it will pass, it wi...
Infuriating office
  02/17/14
The only hill johnsmeyer works on is the 4 inches he stuffs ...
sinister tattoo hairy legs
  02/17/14
julia, hows your personal finance blog doing? i see you star...
mint native
  02/17/14
Wait so what the fuck is this?
sinister tattoo hairy legs
  02/17/14
...
Self-absorbed faggot firefighter
  02/17/14
...
Comical brass boltzmann
  02/17/14
...
Self-absorbed faggot firefighter
  02/17/14
Anyone know of a message board frequented by lawyers where w...
Infuriating office
  02/17/14
We are literally publishing PAYE scholarship now (via JULIA)
Self-absorbed faggot firefighter
  02/17/14
Some poor fgt is going to come across this article and kill ...
sinister tattoo hairy legs
  02/17/14
Johnsmeyer?
Self-absorbed faggot firefighter
  02/17/14
Nope
sinister tattoo hairy legs
  02/17/14
3L here. I can still get on the PAYE tip, right?
misunderstood persian philosopher-king
  02/17/14
plz hyperlink to Johnsmeyer next time you cite PAYE TYIA
Dark soul-stirring water buffalo
  02/17/14
...
Comical brass boltzmann
  04/23/18


Poast new message in this thread



Reply Favorite

Date: February 17th, 2014 10:46 AM
Author: Self-absorbed faggot firefighter

http://www.mainstreet.com/article/moneyinvesting/education-planning/latest-budget-may-cost-student-loan-borrowers-and-economy-?page=1

For graduates of private colleges or graduate and professional programs who borrowed more heavily, the impact is even greater. Take, for example, a private college or grad/professional school graduate with $100,000 in loans and a $50,000 salary (not an uncommon outcome). The difference in total payments on IBR vs PAYE is over $230,000 - or more than the total of the average American's mortgage, car loan and credit card balance combined.

For borrowers who agreed to take on student loans, the cat's already out of the bag: They'll need to repay the loans using whichever available repayment plan best meets their needs.

But that doesn't take the sting out of delaying or altogether abandoning many of their economic dreams. Nor does it change the fact that the omission of the PAYE extension from the new budget could cost the broader economy billions of dollars.

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034218)



Reply Favorite

Date: February 17th, 2014 10:51 AM
Author: Elite stirring famous landscape painting hissy fit

holy shit non-flame PAYE poast. thanks

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034242)



Reply Favorite

Date: February 17th, 2014 10:53 AM
Author: Comical brass boltzmann



(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034248)



Reply Favorite

Date: February 17th, 2014 10:54 AM
Author: Up-to-no-good Haunted Graveyard

I just want to point out a real PAYE post even if its negative and depressing

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034258)



Reply Favorite

Date: February 17th, 2014 10:56 AM
Author: Self-absorbed faggot firefighter

Fucking got omitted.

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034268)



Reply Favorite

Date: February 17th, 2014 10:56 AM
Author: Comical brass boltzmann

rofl. that's by JULIA

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034266)



Reply Favorite

Date: February 17th, 2014 10:57 AM
Author: Self-absorbed faggot firefighter

Yeah, that's why all the numbers and math make no sense at all. Still impressive that she got it published.

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034274)



Reply Favorite

Date: February 17th, 2014 10:59 AM
Author: Comical brass boltzmann



(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034284)



Reply Favorite

Date: February 17th, 2014 11:04 AM
Author: Duck-like Gaping Ticket Booth

The differentials/numbers are taken straight from the DOE student loan repayment option calculators.

Also, why is it impressive it got published? I used to be an editor at that website.

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034320)



Reply Favorite

Date: February 17th, 2014 12:17 PM
Author: Self-absorbed faggot firefighter

Explain this:

Take, for example, a private college or grad/professional school graduate with $100,000 in loans and a $50,000 salary (not an uncommon outcome). The difference in total payments on IBR vs PAYE is over $230,000.

I see IBR total payments of 220K (104K NPV) vs PAYE total payments of 103K (57K NPV). How do we get a difference of $230,000?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034731)



Reply Favorite

Date: February 17th, 2014 10:59 AM
Author: Comical brass boltzmann

where in the link does it show PAYE not being extended? Didn't see a link to any primary source

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034289)



Reply Favorite

Date: February 17th, 2014 11:03 AM
Author: Duck-like Gaping Ticket Booth

I called the DOE, student loan servicers and student loan experts; nobody has heard anything about PAYE being extended. It may yet be, but there is no mention or news of it to date.

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034309)



Reply Favorite

Date: February 17th, 2014 11:05 AM
Author: Comical brass boltzmann

I see. Would something like this normally take some time to be implemented?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034331)



Reply Favorite

Date: February 17th, 2014 11:06 AM
Author: Duck-like Gaping Ticket Booth

Not that I know of.

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034340)



Reply Favorite

Date: February 17th, 2014 11:09 AM
Author: Comical brass boltzmann

I'm PAYE eligible already. u mad?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034353)



Reply Favorite

Date: February 17th, 2014 11:10 AM
Author: Duck-like Gaping Ticket Booth

Just a little jelly, bro

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034355)



Reply Favorite

Date: February 17th, 2014 11:28 AM
Author: sinister tattoo hairy legs



(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034453)



Reply Favorite

Date: February 17th, 2014 11:16 AM
Author: Infuriating office

johnsmeyer works on the Hill. if he says it will pass, it will pass

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034382)



Reply Favorite

Date: February 17th, 2014 11:28 AM
Author: sinister tattoo hairy legs

The only hill johnsmeyer works on is the 4 inches he stuffs inside of his shoes.

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034452)



Reply Favorite

Date: February 17th, 2014 11:10 AM
Author: mint native

julia, hows your personal finance blog doing? i see you started it mid 2013. have you monetized it? how much are you pulling, on avg., per month from the site?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034357)



Reply Favorite

Date: February 17th, 2014 11:28 AM
Author: sinister tattoo hairy legs

Wait so what the fuck is this?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25034457)



Reply Favorite

Date: February 17th, 2014 2:19 PM
Author: Self-absorbed faggot firefighter



(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25035411)



Reply Favorite

Date: February 17th, 2014 2:21 PM
Author: Comical brass boltzmann



(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25035425)



Reply Favorite

Date: February 17th, 2014 3:56 PM
Author: Self-absorbed faggot firefighter



(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25035986)



Reply Favorite

Date: February 17th, 2014 4:00 PM
Author: Infuriating office

Anyone know of a message board frequented by lawyers where we could get confirmation that PAYE expansion isn't going to be passed?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25036008)



Reply Favorite

Date: February 17th, 2014 4:05 PM
Author: Self-absorbed faggot firefighter

We are literally publishing PAYE scholarship now (via JULIA)

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25036046)



Reply Favorite

Date: February 17th, 2014 5:33 PM
Author: sinister tattoo hairy legs

Some poor fgt is going to come across this article and kill Himself

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25036629)



Reply Favorite

Date: February 17th, 2014 10:10 PM
Author: Self-absorbed faggot firefighter

Johnsmeyer?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25038508)



Reply Favorite

Date: February 17th, 2014 10:11 PM
Author: sinister tattoo hairy legs

Nope

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25038515)



Reply Favorite

Date: February 17th, 2014 4:00 PM
Author: misunderstood persian philosopher-king

3L here. I can still get on the PAYE tip, right?

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25036009)



Reply Favorite

Date: February 17th, 2014 4:02 PM
Author: Dark soul-stirring water buffalo

plz hyperlink to Johnsmeyer next time you cite PAYE

TYIA

(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#25036018)



Reply Favorite

Date: April 23rd, 2018 5:52 PM
Author: Comical brass boltzmann



(http://www.autoadmit.com/thread.php?thread_id=2496757&forum_id=2#35903414)