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200k debt, 100k salary. Will take 12 years to pay off debt

At $2k per month.
...,,.,..,,..........,,,.,.,....,,....,.........,  06/08/12
i have ~50k in debt and make ~ 35k, with no benefits. want t...
.,.,..,...,..,:,,:,...,:::,...,:,.,.:...:.,:.::,;  06/08/12
Probably not.
...,,.,..,,..........,,,.,.,....,,....,.........,  06/08/12
I have $105k debt and make ~$135k net, should be ok.
''""'''"  06/08/12
almost exactly the same as me breh cept I make 115k. I'm sti...
,,,...,,......,,....  06/08/12
lol at this strategy
The Mighty Thor  06/08/12
It makes sense really. I am not paying anything for the firs...
...,,.,..,,..........,,,.,.,....,,....,.........,  06/08/12
200k in debt, 50k salary. would never be able to pay off deb...
,.,.,.,.,.,.,.,.,....,.,.,.,..,....,.,.,.,  06/08/12
This is why I'm going to marry a young lady with good financ...
Fresh White Reeboks Kickin Your Ass  06/08/12
Smart. My lady has decent, but not great financials. We have...
...,,.,..,,..........,,,.,.,....,,....,.........,  06/08/12
$150k debt, $100k salary, will pay it off in 100 more $200 i...
.,.,....,.,.,.,:,,:...,..:,;:....,:,.,.,...,:.;:,.  06/08/12
How do you qualify for IBR?
wishiwerntapostr  06/08/12
signed up based on my tax return income while I was still in...
.,.,....,.,.,.,:,,:...,..:,;:....,:,.,.,...,:.;:,.  06/08/12
you do know that IBR payments reset based on income? so whil...
The Mighty Thor  06/08/12
Cr, lol. Hard to believe that this guy is for real when he d...
...,,.,..,,..........,,,.,.,....,,....,.........,  06/08/12
"You made 16k your last year of school? Your payment is...
The Mighty Quinn  06/20/12
The real question is how do you qualify for PSLF. Do you wo...
...,,.,..,,..........,,,.,.,....,,....,.........,  06/08/12
...
slim_shady_man  06/29/12
$150k - $60k salary killself?
RNP+  06/08/12
i'd be close to it.
The Mighty Thor  06/08/12
I'm close to you..about $105K dent, $50K salary
....................,.......,....  06/12/12
...
...,,.,..,,..........,,,.,.,....,,....,.........,  06/20/12
Dumb question, but have you run the ICR math i.e. are you su...
The Mighty Quinn  06/20/12


Poast new message in this thread



Reply

Date: June 8th, 2012 9:24 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

At $2k per month.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20847858)



Reply

Date: June 8th, 2012 11:44 AM
Author: .,.,..,...,..,:,,:,...,:::,...,:,.,.:...:.,:.::,;

i have ~50k in debt and make ~ 35k, with no benefits. want to trade?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848242)



Reply

Date: June 8th, 2012 1:03 PM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

Probably not.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848655)



Reply

Date: June 8th, 2012 11:54 AM
Author: ''""'''"

I have $105k debt and make ~$135k net, should be ok.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848280)



Reply

Date: June 8th, 2012 11:57 AM
Author: ,,,...,,......,,....

almost exactly the same as me breh cept I make 115k. I'm still just making ibr payments only though cuz I'm pretty sure I want to go into govt shit. been applying to jag

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848291)



Reply

Date: June 8th, 2012 1:04 PM
Author: The Mighty Thor (Had to be done)

lol at this strategy

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848660)



Reply

Date: June 8th, 2012 1:07 PM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

It makes sense really. I am not paying anything for the first year at least. If I make payments now then later start gunning for forgiveness, that's wasted money.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848667)



Reply

Date: June 8th, 2012 12:08 PM
Author: ,.,.,.,.,.,.,.,.,....,.,.,.,..,....,.,.,.,

200k in debt, 50k salary. would never be able to pay off debt but for IBR/PSLF.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848339)



Reply

Date: June 8th, 2012 12:10 PM
Author: Fresh White Reeboks Kickin Your Ass (the penitent rascal master man)

This is why I'm going to marry a young lady with good financials

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848348)



Reply

Date: June 8th, 2012 1:05 PM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

Smart. My lady has decent, but not great financials. We have already received about 80k which is already spent, partly, believe it or not, on LS to keep debt down. Her inheritance will be around 300k probably in the next 10-15 years.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848663)



Reply

Date: June 8th, 2012 12:14 PM
Author: .,.,....,.,.,.,:,,:...,..:,;:....,:,.,.,...,:.;:,.

$150k debt, $100k salary, will pay it off in 100 more $200 ibr payments before it's all forgiven.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848359)



Reply

Date: June 8th, 2012 12:15 PM
Author: wishiwerntapostr

How do you qualify for IBR?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848365)



Reply

Date: June 8th, 2012 12:21 PM
Author: .,.,....,.,.,.,:,,:...,..:,;:....,:,.,.,...,:.;:,.

signed up based on my tax return income while I was still in school, which was basically one summer of work

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848397)



Reply

Date: June 8th, 2012 1:08 PM
Author: The Mighty Thor (Had to be done)

you do know that IBR payments reset based on income? so while your summer of work will result in very low payments, once your report your new salary you may not even qualify for it anymore?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848671)



Reply

Date: June 8th, 2012 1:09 PM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

Cr, lol. Hard to believe that this guy is for real when he doesn't know wtf he's talking about.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848679)



Reply

Date: June 20th, 2012 12:01 PM
Author: The Mighty Quinn

"You made 16k your last year of school? Your payment is $160/month for 10 years. NEXT!"

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20921089)



Reply

Date: June 8th, 2012 1:08 PM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

The real question is how do you qualify for PSLF. Do you work in bigfed?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848673)



Reply

Date: June 29th, 2012 9:58 AM
Author: slim_shady_man



(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20982661)



Reply

Date: June 8th, 2012 1:09 PM
Author: RNP+

$150k - $60k salary

killself?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848677)



Reply

Date: June 8th, 2012 1:10 PM
Author: The Mighty Thor (Had to be done)

i'd be close to it.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848686)



Reply

Date: June 12th, 2012 1:10 AM
Author: ....................,.......,....

I'm close to you..about $105K dent, $50K salary

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20872203)



Reply

Date: June 20th, 2012 11:51 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,



(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20921052)



Reply

Date: June 20th, 2012 11:59 AM
Author: The Mighty Quinn

Dumb question, but have you run the ICR math i.e. are you sure it makes sense to go at it 2k/month?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20921082)