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re: Student Loan payments restarting

Posted on 8/3/23 at 8:35 am to
Posted by LSUtiger17
New Orleans
Member since Mar 2009
3082 posts
Posted on 8/3/23 at 8:35 am to
quote:

wtf. you had a 3 year window to be paying aggressively on it while there was no interest and your conclusion was there was no incentive to pay more than the minimum requirement?


Why would someone pay down an unsecured loan at 0% interest with payments frozen? It make 0 sense. Having $75k sitting in a high interest savings account actually yields decent money right now. And there’s still some uncertainty about forgiveness/rate changes.
This post was edited on 8/3/23 at 8:36 am
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