The most prestigious law school admissions discussion board in the world.
|
 |
 
|
I found a 180 loophole to income-based repayment schemes
| beady-eyed dull halford candlestick maker | 03/14/19 |
| Stimulating navy double fault | 03/14/19 |
| beady-eyed dull halford candlestick maker | 03/14/19 |
| Stimulating navy double fault | 03/14/19 |
| Vivacious Ceo Jewess | 06/24/19 |
| Well-lubricated effete spot coldplay fan | 06/25/19 |
| Angry Ruddy Chapel Athletic Conference | 06/25/19 |
| titillating fortuitous meteor filthpig | 01/06/21 |
| laughsome forum | 03/09/23 |
| beady-eyed dull halford candlestick maker | 04/22/19 |
| maize orchestra pit pervert | 06/24/19 |
| exhilarant bat-shit-crazy degenerate | 06/24/19 |
| titillating fortuitous meteor filthpig | 01/06/21 |
| beady-eyed dull halford candlestick maker | 06/25/19 |
| titillating fortuitous meteor filthpig | 01/06/21 |
| Greedy native | 06/24/19 |
| motley sanctuary patrolman | 06/24/19 |
| maize orchestra pit pervert | 06/24/19 |
| exhilarant bat-shit-crazy degenerate | 06/24/19 |
| Greedy native | 06/24/19 |
| exhilarant bat-shit-crazy degenerate | 06/24/19 |
| maize orchestra pit pervert | 06/24/19 |
| beady-eyed dull halford candlestick maker | 06/25/19 |
| razzle idiot mexican | 07/28/19 |
| Angry Ruddy Chapel Athletic Conference | 06/25/19 |
| adulterous blood rage theater stage | 06/24/19 |
| Greedy native | 06/24/19 |
| adulterous blood rage theater stage | 06/24/19 |
| Trip henna toaster kitchen | 06/24/19 |
| chocolate space | 06/24/19 |
| beady-eyed dull halford candlestick maker | 06/25/19 |
| Aphrodisiac Brunch Fat Ankles | 06/24/19 |
| low-t step-uncle's house yarmulke | 06/24/19 |
| excitant jade area | 06/24/19 |
| maize orchestra pit pervert | 06/25/19 |
| Well-lubricated effete spot coldplay fan | 06/25/19 |
| Brilliant milk | 06/25/19 |
| laughsome forum | 03/09/23 |
| beady-eyed dull halford candlestick maker | 07/28/19 |
| hideous rehab roommate | 07/28/19 |
| beady-eyed dull halford candlestick maker | 08/24/22 |
| adventurous foreskin | 08/24/22 |
| Overrated swashbuckling corner | 08/24/22 |
| beady-eyed dull halford candlestick maker | 03/09/23 |
Poast new message in this thread
Date: March 14th, 2019 8:49 PM Author: beady-eyed dull halford candlestick maker tl;dr Income is calculated post-401k contribution, so max your 401k in the month you use to certify income
The income-based programs allow you to use a paystub to certify income and use taxable income to estimate your income.
What I did was max out my 401k one month: I make $14.5k/month (paid monthly), and Vanguard maxes out at 75%, so put up about 10k into my 401k, leaving my monthly income as ~$4.5k. I submitted this paystub to the loan servicer and now have a ~$200/mo payment.
This is 180 because even if I go the entire 25 years, it doesn't come close to my total loan value. Also, time value of money and I also expect further loan relief. Worst case scenario I get rich and have to pay back my loan. |
Date: March 14th, 2019 8:50 PM Author: Stimulating navy double fault LJL at proles who have to repay loans. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932659) |
 |
Date: March 14th, 2019 8:51 PM Author: beady-eyed dull halford candlestick maker Actually it's incredibly prestigious to let the government pay hundreds of thousands on your behalf and then stiff the government on the repayment. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932664) |
|
Date: March 14th, 2019 8:52 PM Author: Stimulating navy double fault (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932669) |
|
Date: June 24th, 2019 10:35 PM Author: Vivacious Ceo Jewess (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435257) |
|
Date: June 25th, 2019 11:26 AM Author: Well-lubricated effete spot coldplay fan (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437252) |
|
Date: June 25th, 2019 11:41 AM Author: Angry Ruddy Chapel Athletic Conference (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437328) |
|
Date: January 6th, 2021 12:17 PM Author: titillating fortuitous meteor filthpig (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#41688316) |
|
Date: March 9th, 2023 7:26 PM Author: laughsome forum (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031448) |
|
Date: April 22nd, 2019 7:50 PM Author: beady-eyed dull halford candlestick maker Elizabeth Warren bump (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38126710) |
|
Date: June 24th, 2019 9:52 PM Author: maize orchestra pit pervert So fraud. Would bet the house you're Jewish (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435038) |
|
Date: June 24th, 2019 9:54 PM Author: exhilarant bat-shit-crazy degenerate the entire system is fraud on multiple levels (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435041) |
|
Date: January 6th, 2021 12:18 PM Author: titillating fortuitous meteor filthpig (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#41688319) |
|
Date: June 25th, 2019 11:39 AM Author: beady-eyed dull halford candlestick maker (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437321) |
|
Date: January 6th, 2021 12:18 PM Author: titillating fortuitous meteor filthpig Just pay back money so bantu kikes can enjoy a healthy treasury Eat shit |
|
Date: June 24th, 2019 9:57 PM Author: Greedy native it's not a loophole. you're supposed to report material changes in your income. you don't think that your income going up by 300% the next month is a material change? (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435049) |
|
Date: June 24th, 2019 10:15 PM Author: motley sanctuary patrolman (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435145) |
|
Date: June 24th, 2019 10:16 PM Author: maize orchestra pit pervert He's Jewish. I've heard this "loophole" logic used to justify various forms of fraud (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435159) |
|
Date: June 24th, 2019 10:26 PM Author: exhilarant bat-shit-crazy degenerate OY VEY PAY UP UR SHEKELS! (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435215) |
|
Date: June 24th, 2019 10:27 PM Author: Greedy native jews being jews doesn't justify fraud. have some integrity. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435222) |
|
Date: June 24th, 2019 10:27 PM Author: exhilarant bat-shit-crazy degenerate OY VEY ITS ANNODAH SHOAH! (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435226) |
|
Date: June 24th, 2019 10:32 PM Author: maize orchestra pit pervert https://www.google.com/amp/s/amp.app.com/amp/740083002
Loophole or nah? |
|
Date: June 25th, 2019 2:09 PM Author: beady-eyed dull halford candlestick maker (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38438246) |
|
Date: July 28th, 2019 4:27 PM Author: razzle idiot mexican (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601731) |
|
Date: June 25th, 2019 11:41 AM Author: Angry Ruddy Chapel Athletic Conference (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437336) |
|
Date: June 24th, 2019 10:29 PM Author: adulterous blood rage theater stage What is the largest percent that is immaterial friend? (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435238) |
|
Date: June 24th, 2019 10:37 PM Author: Greedy native (110 iq redditor asking "but where do we draw the line?") (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435274) |
|
Date: June 24th, 2019 11:03 PM Author: adulterous blood rage theater stage No (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435416) |
|
Date: June 24th, 2019 10:38 PM Author: Trip henna toaster kitchen 25% is pushing it (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435284) |
|
Date: June 24th, 2019 11:07 PM Author: chocolate space cr, this faggot needs to be prosecuted (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435434) |
|
Date: June 25th, 2019 11:39 AM Author: beady-eyed dull halford candlestick maker You misunderstand this checkbox on the income certification form.
I ALWAYS check the "my income has significantly changed" box so that they let me use paystubs to calculate income instead of tax returns.
You only have to certify once a year. You have the option of certifying again (say if you lost your job or similar), but are not required to. Hilariously, if your income changes upward, you still can pay the lower rate the rest of the year. Income based repayment is a "heads I win, tails you lose" program. |
|
Date: June 24th, 2019 10:29 PM Author: Aphrodisiac Brunch Fat Ankles 180 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435240) |
|
Date: June 24th, 2019 10:36 PM Author: low-t step-uncle's house yarmulke Happy purim (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435262) |
|
Date: June 24th, 2019 11:04 PM Author: excitant jade area (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435422) |
|
Date: June 25th, 2019 11:22 AM Author: maize orchestra pit pervert (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437225) |
|
Date: June 25th, 2019 11:26 AM Author: Well-lubricated effete spot coldplay fan There are all sorts of schemes like this...its 180 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437255) |
|
Date: June 25th, 2019 11:28 AM Author: Brilliant milk Bookmarking for later (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437264) |
|
Date: March 9th, 2023 7:28 PM Author: laughsome forum (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031460) |
|
Date: July 28th, 2019 3:30 PM Author: beady-eyed dull halford candlestick maker They are cracking down on income based repayment fraud, luckily they are getting at the dumb goyim who claim 30 dependents: https://abcnews.go.com/amp/Politics/wireStory/feds-find-potential-fraud-student-loan-repayment-plans-64575667
Still riding this loophole, but currently have $0 payments for the next year because I had a brief lapse of employment and recalculated income during this period lol. |
|
Date: July 28th, 2019 4:25 PM Author: hideous rehab roommate (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601728) |
|
Date: August 24th, 2022 9:00 PM Author: beady-eyed dull halford candlestick maker (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#45065702) |
|
Date: August 24th, 2022 9:05 PM Author: adventurous foreskin This works if your annual income contains a large bonus every year. It makes sense as well because you can’t guarantee you’ll have a giant bonus next year so you certify based on your lower income like you would on child support (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#45065720) |
|
Date: August 24th, 2022 10:03 PM Author: Overrated swashbuckling corner More POWERFUL hack: lose your job and get on unemployment. Update/recertify your income using your unemployment checks as your basis. Enjoy like a $30/month payment for a year. Rinse and repeat as needed. Thanks libs! (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#45065984) |
|
Date: March 9th, 2023 7:25 PM Author: beady-eyed dull halford candlestick maker (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031443) |