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I found a 180 loophole to income-based repayment schemes
| Bill Paxton and Paul Reiser in ALIENS | 03/14/19 |
| Jade Domesticated Idiot Bawdyhouse | 03/14/19 |
| Bill Paxton and Paul Reiser in ALIENS | 03/14/19 |
| Jade Domesticated Idiot Bawdyhouse | 03/14/19 |
| Khaki Property | 06/24/19 |
| chrome roommate | 06/25/19 |
| translucent free-loading selfie scourge upon the earth | 06/25/19 |
| lime boiling water | 01/06/21 |
| histrionic corner | 03/09/23 |
| Bill Paxton and Paul Reiser in ALIENS | 04/22/19 |
| duck-like office faggot firefighter | 06/24/19 |
| Marvelous Bat-shit-crazy Corn Cake | 06/24/19 |
| lime boiling water | 01/06/21 |
| Bill Paxton and Paul Reiser in ALIENS | 06/25/19 |
| lime boiling water | 01/06/21 |
| Passionate Affirmative Action Cuckold | 06/24/19 |
| Cheese-eating resort | 06/24/19 |
| duck-like office faggot firefighter | 06/24/19 |
| Marvelous Bat-shit-crazy Corn Cake | 06/24/19 |
| Passionate Affirmative Action Cuckold | 06/24/19 |
| Marvelous Bat-shit-crazy Corn Cake | 06/24/19 |
| duck-like office faggot firefighter | 06/24/19 |
| Bill Paxton and Paul Reiser in ALIENS | 06/25/19 |
| Shivering box office | 07/28/19 |
| translucent free-loading selfie scourge upon the earth | 06/25/19 |
| very tactful school cafeteria | 06/24/19 |
| Passionate Affirmative Action Cuckold | 06/24/19 |
| very tactful school cafeteria | 06/24/19 |
| Concupiscible kitchen cuckoldry | 06/24/19 |
| fantasy-prone base | 06/24/19 |
| Bill Paxton and Paul Reiser in ALIENS | 06/25/19 |
| Insanely creepy vibrant crotch regret | 06/24/19 |
| irate field | 06/24/19 |
| Curious place of business personal credit line | 06/24/19 |
| duck-like office faggot firefighter | 06/25/19 |
| chrome roommate | 06/25/19 |
| vivacious brunch | 06/25/19 |
| histrionic corner | 03/09/23 |
| Bill Paxton and Paul Reiser in ALIENS | 07/28/19 |
| tripping spot | 07/28/19 |
| Bill Paxton and Paul Reiser in ALIENS | 08/24/22 |
| White soggy church building | 08/24/22 |
| adventurous dull stag film | 08/24/22 |
| Bill Paxton and Paul Reiser in ALIENS | 03/09/23 |
Poast new message in this thread
Date: March 14th, 2019 8:49 PM Author: Bill Paxton and Paul Reiser in ALIENS 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: Jade Domesticated Idiot Bawdyhouse LJL at proles who have to repay loans. (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932659) |
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Date: March 14th, 2019 8:51 PM Author: Bill Paxton and Paul Reiser in ALIENS Actually it's incredibly prestigious to let the government pay hundreds of thousands on your behalf and then stiff the government on the repayment. (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932664) |
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Date: March 14th, 2019 8:52 PM Author: Jade Domesticated Idiot Bawdyhouse (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932669) |
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Date: June 24th, 2019 10:35 PM Author: Khaki Property (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435257) |
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Date: June 25th, 2019 11:26 AM Author: chrome roommate (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437252) |
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Date: June 25th, 2019 11:41 AM Author: translucent free-loading selfie scourge upon the earth (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437328) |
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Date: January 6th, 2021 12:17 PM Author: lime boiling water (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#41688316) |
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Date: March 9th, 2023 7:26 PM Author: histrionic corner (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031448) |
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Date: April 22nd, 2019 7:50 PM Author: Bill Paxton and Paul Reiser in ALIENS Elizabeth Warren bump (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38126710) |
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Date: June 24th, 2019 9:52 PM Author: duck-like office faggot firefighter So fraud. Would bet the house you're Jewish (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435038) |
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Date: June 24th, 2019 9:54 PM Author: Marvelous Bat-shit-crazy Corn Cake the entire system is fraud on multiple levels (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435041) |
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Date: January 6th, 2021 12:18 PM Author: lime boiling water (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#41688319) |
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Date: June 25th, 2019 11:39 AM Author: Bill Paxton and Paul Reiser in ALIENS (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437321) |
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Date: January 6th, 2021 12:18 PM Author: lime boiling water 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: Passionate Affirmative Action Cuckold 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? (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435049) |
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Date: June 24th, 2019 10:15 PM Author: Cheese-eating resort (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435145) |
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Date: June 24th, 2019 10:16 PM Author: duck-like office faggot firefighter He's Jewish. I've heard this "loophole" logic used to justify various forms of fraud (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435159) |
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Date: June 24th, 2019 10:26 PM Author: Marvelous Bat-shit-crazy Corn Cake OY VEY PAY UP UR SHEKELS! (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435215) |
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Date: June 24th, 2019 10:27 PM Author: Passionate Affirmative Action Cuckold jews being jews doesn't justify fraud. have some integrity. (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435222) |
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Date: June 24th, 2019 10:27 PM Author: Marvelous Bat-shit-crazy Corn Cake OY VEY ITS ANNODAH SHOAH! (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435226) |
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Date: June 24th, 2019 10:32 PM Author: duck-like office faggot firefighter 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: Bill Paxton and Paul Reiser in ALIENS (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38438246) |
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Date: July 28th, 2019 4:27 PM Author: Shivering box office (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601731) |
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Date: June 25th, 2019 11:41 AM Author: translucent free-loading selfie scourge upon the earth (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437336) |
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Date: June 24th, 2019 10:29 PM Author: very tactful school cafeteria What is the largest percent that is immaterial friend? (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435238) |
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Date: June 24th, 2019 10:37 PM Author: Passionate Affirmative Action Cuckold (110 iq redditor asking "but where do we draw the line?") (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435274) |
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Date: June 24th, 2019 11:03 PM Author: very tactful school cafeteria No (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435416) |
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Date: June 24th, 2019 10:38 PM Author: Concupiscible kitchen cuckoldry 25% is pushing it (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435284) |
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Date: June 24th, 2019 11:07 PM Author: fantasy-prone base cr, this faggot needs to be prosecuted (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435434) |
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Date: June 25th, 2019 11:39 AM Author: Bill Paxton and Paul Reiser in ALIENS 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: Insanely creepy vibrant crotch regret 180 (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435240) |
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Date: June 24th, 2019 10:36 PM Author: irate field Happy purim (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435262) |
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Date: June 24th, 2019 11:04 PM Author: Curious place of business personal credit line (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435422) |
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Date: June 25th, 2019 11:22 AM Author: duck-like office faggot firefighter (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437225) |
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Date: June 25th, 2019 11:26 AM Author: chrome roommate There are all sorts of schemes like this...its 180 (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437255) |
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Date: June 25th, 2019 11:28 AM Author: vivacious brunch Bookmarking for later (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437264) |
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Date: March 9th, 2023 7:28 PM Author: histrionic corner (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031460) |
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Date: July 28th, 2019 3:30 PM Author: Bill Paxton and Paul Reiser in ALIENS 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: tripping spot (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601728) |
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Date: August 24th, 2022 9:00 PM Author: Bill Paxton and Paul Reiser in ALIENS (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#45065702) |
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Date: August 24th, 2022 9:05 PM Author: White soggy church building 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 (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#45065720) |
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Date: August 24th, 2022 10:03 PM Author: adventurous dull stag film 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! (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#45065984) |
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Date: March 9th, 2023 7:25 PM Author: Bill Paxton and Paul Reiser in ALIENS (https://autoadmit.com/thread.php?thread_id=4221025&forum_id=2#46031443) |