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I found a 180 loophole to income-based repayment schemes
| Snowy Indecent Business Firm Clown | 03/14/19 |
| Razzle-dazzle apoplectic sex offender shrine | 03/14/19 |
| Snowy Indecent Business Firm Clown | 03/14/19 |
| Razzle-dazzle apoplectic sex offender shrine | 03/14/19 |
| clear masturbator | 06/24/19 |
| slimy tank market | 06/25/19 |
| Unholy Milk | 06/25/19 |
| Henna beady-eyed church | 01/06/21 |
| sapphire unhinged nibblets | 03/09/23 |
| Snowy Indecent Business Firm Clown | 04/22/19 |
| primrose knife | 06/24/19 |
| Maroon misunderstood library | 06/24/19 |
| Henna beady-eyed church | 01/06/21 |
| Snowy Indecent Business Firm Clown | 06/25/19 |
| Henna beady-eyed church | 01/06/21 |
| Embarrassed to the bone hyperventilating depressive digit ratio | 06/24/19 |
| lemon stirring casino | 06/24/19 |
| primrose knife | 06/24/19 |
| Maroon misunderstood library | 06/24/19 |
| Embarrassed to the bone hyperventilating depressive digit ratio | 06/24/19 |
| Maroon misunderstood library | 06/24/19 |
| primrose knife | 06/24/19 |
| Snowy Indecent Business Firm Clown | 06/25/19 |
| Topaz Property Associate | 07/28/19 |
| Unholy Milk | 06/25/19 |
| navy startled old irish cottage gas station | 06/24/19 |
| Embarrassed to the bone hyperventilating depressive digit ratio | 06/24/19 |
| navy startled old irish cottage gas station | 06/24/19 |
| Zippy cruise ship ladyboy | 06/24/19 |
| Amethyst cracking theatre athletic conference | 06/24/19 |
| Snowy Indecent Business Firm Clown | 06/25/19 |
| Exciting Deer Antler | 06/24/19 |
| Fragrant bearded stag film degenerate | 06/24/19 |
| Big-titted at-the-ready parlour | 06/24/19 |
| primrose knife | 06/25/19 |
| slimy tank market | 06/25/19 |
| Costumed state toaster | 06/25/19 |
| sapphire unhinged nibblets | 03/09/23 |
| Snowy Indecent Business Firm Clown | 07/28/19 |
| deranged crackhouse | 07/28/19 |
| Snowy Indecent Business Firm Clown | 08/24/22 |
| chartreuse heady filthpig scourge upon the earth | 08/24/22 |
| Pontificating mad cow disease | 08/24/22 |
| Snowy Indecent Business Firm Clown | 03/09/23 |
Poast new message in this thread
Date: March 14th, 2019 8:49 PM Author: Snowy Indecent Business Firm Clown 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: Razzle-dazzle apoplectic sex offender shrine 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: Snowy Indecent Business Firm Clown 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: Razzle-dazzle apoplectic sex offender shrine (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: clear masturbator (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: slimy tank market (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: Unholy Milk (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: Henna beady-eyed church (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: sapphire unhinged nibblets (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: Snowy Indecent Business Firm Clown 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: primrose knife 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: Maroon misunderstood library 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: Henna beady-eyed church (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: Snowy Indecent Business Firm Clown (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: Henna beady-eyed church 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: Embarrassed to the bone hyperventilating depressive digit ratio 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: lemon stirring casino (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: primrose knife 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: Maroon misunderstood library 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: Embarrassed to the bone hyperventilating depressive digit ratio 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: Maroon misunderstood library 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: primrose knife 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: Snowy Indecent Business Firm Clown (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: Topaz Property Associate (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: Unholy Milk (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: navy startled old irish cottage gas station 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: Embarrassed to the bone hyperventilating depressive digit ratio (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: navy startled old irish cottage gas station 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: Zippy cruise ship ladyboy 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: Amethyst cracking theatre athletic conference 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: Snowy Indecent Business Firm Clown 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: Exciting Deer Antler 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: Fragrant bearded stag film degenerate 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: Big-titted at-the-ready parlour (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: primrose knife (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: slimy tank market 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: Costumed state toaster 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: sapphire unhinged nibblets (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: Snowy Indecent Business Firm Clown 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: deranged crackhouse (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: Snowy Indecent Business Firm Clown (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: chartreuse heady filthpig scourge upon the earth 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: Pontificating mad cow disease 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: Snowy Indecent Business Firm Clown (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031443) |