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You all are killing me

1 reply [Last post]
Offline
Joined: 06/02/2009
Points: 670

I don't know how some of you do it.I've been reading some of your stories where you are paying $700 and up to $2,000 a MONTH to Sallie Mae.

Some may be helped with income based repayment but, it looks like most of you with he highest debt wouldn't be.

I don't know but, I think I would be in Mexico by now.

I'm not religious person but: God Bless all of you.

Offline
Joined: 02/22/2010
Points: 210
we're not doing it

WE're not really doing it. That's the problem. Income based repayment doesn't help at all, it just steals from us. Income based repayment cannot keep up with the cost added due to interest rates, so it's no different than what would be happening if we were getting our wages garnished. WE throw our money away trying to pay a monthly amount that is less than able to keep abreast of the interest

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