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I found a 180 loophole to income-based repayment schemes
| Henna internet-worthy factory reset button | 03/14/19 |
| passionate stubborn community account black woman | 03/14/19 |
| Henna internet-worthy factory reset button | 03/14/19 |
| passionate stubborn community account black woman | 03/14/19 |
| ruby trailer park | 06/24/19 |
| Orchid hell trust fund | 06/25/19 |
| Lemon diverse juggernaut stead | 06/25/19 |
| Misanthropic lay feces | 01/06/21 |
| Ultramarine Resort Coldplay Fan | 03/09/23 |
| Henna internet-worthy factory reset button | 04/22/19 |
| Frisky histrionic hominid half-breed | 06/24/19 |
| appetizing hissy fit | 06/24/19 |
| Misanthropic lay feces | 01/06/21 |
| Henna internet-worthy factory reset button | 06/25/19 |
| Misanthropic lay feces | 01/06/21 |
| provocative antidepressant drug electric furnace | 06/24/19 |
| Bat-shit-crazy pale nibblets orchestra pit | 06/24/19 |
| Frisky histrionic hominid half-breed | 06/24/19 |
| appetizing hissy fit | 06/24/19 |
| provocative antidepressant drug electric furnace | 06/24/19 |
| appetizing hissy fit | 06/24/19 |
| Frisky histrionic hominid half-breed | 06/24/19 |
| Henna internet-worthy factory reset button | 06/25/19 |
| bateful milky shrine | 07/28/19 |
| Lemon diverse juggernaut stead | 06/25/19 |
| beady-eyed cuck base | 06/24/19 |
| provocative antidepressant drug electric furnace | 06/24/19 |
| beady-eyed cuck base | 06/24/19 |
| Turquoise institution | 06/24/19 |
| odious kitty theater | 06/24/19 |
| Henna internet-worthy factory reset button | 06/25/19 |
| navy concupiscible goyim hall | 06/24/19 |
| Sexy thriller step-uncle's house chad | 06/24/19 |
| Cobalt locus | 06/24/19 |
| Frisky histrionic hominid half-breed | 06/25/19 |
| Orchid hell trust fund | 06/25/19 |
| Startled area water buffalo | 06/25/19 |
| Ultramarine Resort Coldplay Fan | 03/09/23 |
| Henna internet-worthy factory reset button | 07/28/19 |
| Violet property incel | 07/28/19 |
| Henna internet-worthy factory reset button | 08/24/22 |
| honey-headed infuriating location | 08/24/22 |
| Pungent Jewess | 08/24/22 |
| Henna internet-worthy factory reset button | 03/09/23 |
Poast new message in this thread
Date: March 14th, 2019 8:49 PM Author: Henna internet-worthy factory reset button 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: passionate stubborn community account black woman LJL at proles who have to repay loans. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932659) |
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Date: March 14th, 2019 8:51 PM Author: Henna internet-worthy factory reset button 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) |
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Date: March 14th, 2019 8:52 PM Author: passionate stubborn community account black woman (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932669) |
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Date: June 24th, 2019 10:35 PM Author: ruby trailer park (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435257) |
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Date: June 25th, 2019 11:26 AM Author: Orchid hell trust fund (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437252) |
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Date: June 25th, 2019 11:41 AM Author: Lemon diverse juggernaut stead (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437328) |
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Date: January 6th, 2021 12:17 PM Author: Misanthropic lay feces (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#41688316) |
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Date: March 9th, 2023 7:26 PM Author: Ultramarine Resort Coldplay Fan (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031448) |
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Date: April 22nd, 2019 7:50 PM Author: Henna internet-worthy factory reset button Elizabeth Warren bump (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38126710) |
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Date: June 24th, 2019 9:52 PM Author: Frisky histrionic hominid half-breed So fraud. Would bet the house you're Jewish (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435038) |
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Date: June 24th, 2019 9:54 PM Author: appetizing hissy fit the entire system is fraud on multiple levels (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435041) |
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Date: January 6th, 2021 12:18 PM Author: Misanthropic lay feces (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#41688319) |
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Date: June 25th, 2019 11:39 AM Author: Henna internet-worthy factory reset button (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437321) |
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Date: January 6th, 2021 12:18 PM Author: Misanthropic lay feces Just pay back money so bantu kikes can enjoy a healthy treasury Eat shit |
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Date: June 24th, 2019 9:57 PM Author: provocative antidepressant drug electric furnace 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) |
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Date: June 24th, 2019 10:15 PM Author: Bat-shit-crazy pale nibblets orchestra pit (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435145) |
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Date: June 24th, 2019 10:16 PM Author: Frisky histrionic hominid half-breed 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) |
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Date: June 24th, 2019 10:26 PM Author: appetizing hissy fit OY VEY PAY UP UR SHEKELS! (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435215) |
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Date: June 24th, 2019 10:27 PM Author: provocative antidepressant drug electric furnace jews being jews doesn't justify fraud. have some integrity. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435222) |
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Date: June 24th, 2019 10:27 PM Author: appetizing hissy fit OY VEY ITS ANNODAH SHOAH! (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435226) |
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Date: June 24th, 2019 10:32 PM Author: Frisky histrionic hominid half-breed https://www.google.com/amp/s/amp.app.com/amp/740083002
Loophole or nah? |
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Date: June 25th, 2019 2:09 PM Author: Henna internet-worthy factory reset button (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38438246) |
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Date: July 28th, 2019 4:27 PM Author: bateful milky shrine (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601731) |
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Date: June 25th, 2019 11:41 AM Author: Lemon diverse juggernaut stead (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437336) |
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Date: June 24th, 2019 10:29 PM Author: beady-eyed cuck base What is the largest percent that is immaterial friend? (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435238) |
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Date: June 24th, 2019 10:37 PM Author: provocative antidepressant drug electric furnace (110 iq redditor asking "but where do we draw the line?") (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435274) |
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Date: June 24th, 2019 11:03 PM Author: beady-eyed cuck base No (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435416) |
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Date: June 24th, 2019 10:38 PM Author: Turquoise institution 25% is pushing it (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435284) |
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Date: June 24th, 2019 11:07 PM Author: odious kitty theater cr, this faggot needs to be prosecuted (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435434) |
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Date: June 25th, 2019 11:39 AM Author: Henna internet-worthy factory reset button 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. |
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Date: June 24th, 2019 10:29 PM Author: navy concupiscible goyim hall 180 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435240) |
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Date: June 24th, 2019 10:36 PM Author: Sexy thriller step-uncle's house chad Happy purim (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435262) |
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Date: June 24th, 2019 11:04 PM Author: Cobalt locus (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435422) |
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Date: June 25th, 2019 11:22 AM Author: Frisky histrionic hominid half-breed (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437225) |
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Date: June 25th, 2019 11:26 AM Author: Orchid hell trust fund There are all sorts of schemes like this...its 180 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437255) |
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Date: June 25th, 2019 11:28 AM Author: Startled area water buffalo Bookmarking for later (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437264) |
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Date: March 9th, 2023 7:28 PM Author: Ultramarine Resort Coldplay Fan (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031460) |
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Date: July 28th, 2019 3:30 PM Author: Henna internet-worthy factory reset button 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. |
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Date: July 28th, 2019 4:25 PM Author: Violet property incel (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601728) |
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Date: August 24th, 2022 9:00 PM Author: Henna internet-worthy factory reset button (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#45065702) |
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Date: August 24th, 2022 9:05 PM Author: honey-headed infuriating location 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) |
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Date: August 24th, 2022 10:03 PM Author: Pungent Jewess 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) |
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Date: March 9th, 2023 7:25 PM Author: Henna internet-worthy factory reset button (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031443) |