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REPAYE captures spouse's income even if you file separately
| Hyperactive vibrant tattoo | 05/18/15 |
| indigo soggy turdskin | 05/18/15 |
| Hyperactive vibrant tattoo | 05/18/15 |
| sick crotch organic girlfriend | 05/18/15 |
| swashbuckling blue home coldplay fan | 05/18/15 |
| Hyperactive vibrant tattoo | 05/18/15 |
| swashbuckling blue home coldplay fan | 05/18/15 |
| Razzle-dazzle Mint University | 05/18/15 |
| swashbuckling blue home coldplay fan | 05/18/15 |
Poast new message in this thread
Date: May 18th, 2015 11:00 AM Author: Hyperactive vibrant tattoo lol
http://bostonstudentloanlawyer.com/breaking-expanded-pay-as-you-earn-program-details-released/
Married Borrowers Who File Taxes Separately
This is another big one. Under the current IBR and PAYE plans, a borrower who is married and files taxes separately from his or her spouse can base the monthly payment on the borrower’s income alone. This is a big deal for married couples where one spouse has significantly higher federal student loan debt than the other spouse, but much lower income. Under REPAYE, however, federal loan servicers will consider your joint marital income, regardless of whether you file taxes jointly or separately from your spouse. This may make REPAYE a non-starter for some married borrowers. |
Date: May 18th, 2015 11:15 AM Author: indigo soggy turdskin that's one of the best articles written about all that stuff (http://www.autoadmit.com/thread.php?thread_id=2883367&forum_id=2#27914354) |
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Date: May 18th, 2015 11:40 AM Author: Hyperactive vibrant tattoo Written by a lawyer whose entire practice is devoted to student loans:
http://minsky-law.com/ |
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Date: May 18th, 2015 11:36 AM Author: sick crotch organic girlfriend Democrats trying to destroy the family? (http://www.autoadmit.com/thread.php?thread_id=2883367&forum_id=2#27914425) |
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Date: May 18th, 2015 11:44 AM Author: swashbuckling blue home coldplay fan The Marriage Penalty is perhaps the most nonsensical thing in the tax code. (http://www.autoadmit.com/thread.php?thread_id=2883367&forum_id=2#27914466) |
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Date: May 18th, 2015 11:48 AM Author: Hyperactive vibrant tattoo Makes sense for PAYE though. What you don't want is some biglaw bro copping 200K a year while his unemployed stay-at-home wife that he met in law school cops PAYE. (http://www.autoadmit.com/thread.php?thread_id=2883367&forum_id=2#27914475) |
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Date: May 18th, 2015 11:51 AM Author: swashbuckling blue home coldplay fan The wife's law degree didn't help biglaw bro get his job. Why should the fact that they got married change anything? They are already paying a penalty by filing their taxes separately.
If I were in charge I would destroy all of these programs and force price controls on law schools who want tax free "non profit" status, and also revoke the tax free status of like 80% of law schools. But clearly that isn't in the cards.
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Date: May 18th, 2015 11:55 AM Author: Razzle-dazzle Mint University if the law schools had some responsibility and repercussions for students not paying back loans, it would improve things greatly. right now, the more suckers they bring in, the better for them (http://www.autoadmit.com/thread.php?thread_id=2883367&forum_id=2#27914503) |
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Date: May 18th, 2015 12:04 PM Author: swashbuckling blue home coldplay fan correct. given how much we are apparently "investing" in these worthless degrees, both through repayment programs but also tax free status which is used to build beautiful campus and enrich boomer administrators, tax payers have a right to force some controls on the process.
But of course that will never happen. |