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Downsides to loanmaxxing?

Thinking of taking out the max amount for law school while w...
Supple cuckold
  03/18/23
As I understand it, the student loan forgiveness tax bomb co...
Charismatic Carnelian Lay Kitty
  03/18/23
You can get a top of the line $2500 computer for free too by...
Multi-colored brass codepig round eye
  03/18/23
Don't they allot you a fixed amount based on cost of living?
Supple cuckold
  03/18/23
What if Trump gets elected? Otherwise I don't see downsides....
Kink-friendly adulterous antidepressant drug
  03/18/23
Literally impossible for trump to get elected due to ballot ...
Salmon Anal Area
  03/18/23
*meme pic of Trump passing loanmo torch to Biden*
Rebellious organic girlfriend
  03/18/23
Yes but lol at the Dems having more than 45 votes in the sen...
free-loading locale idiot
  03/18/23
They're getting even better at it
Salmon Anal Area
  03/18/23


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Date: March 18th, 2023 12:30 AM
Author: Supple cuckold

Thinking of taking out the max amount for law school while working full time at my WFH Government Sinecure, then doing PSLF. The cash part of the loan I'll use for my mortgage payments and I'll 401kmax and 457bmax through law school. Downsides?

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067463)



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Date: March 18th, 2023 5:17 AM
Author: Charismatic Carnelian Lay Kitty

As I understand it, the student loan forgiveness tax bomb comes back in 2025 unless Congress extends it (which seems unlikely unless the Dems sweep Congress plus the White House in 2024). Also PSLF could be modified or eliminated in the future. And you could also get fucked if you ever quit or lose your WFH government sinecure. So there are a number of risks involved. But it is potentially a lot of free money if it works out for you.

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067691)



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Date: March 18th, 2023 12:37 AM
Author: Multi-colored brass codepig round eye

You can get a top of the line $2500 computer for free too by adding it to your loan balance. And lots of other things like any "repair" you want to do to your car like a bigger turbo and a tune is covered. Thousands and thousands of dollars that are free because it all gets discharged the same as if you'd been really frugal. One guy here used the repair hack to basically build an entire new car and had the invoices just added to his loan balance.

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067481)



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Date: March 18th, 2023 2:58 AM
Author: Supple cuckold

Don't they allot you a fixed amount based on cost of living?

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067657)



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Date: March 18th, 2023 3:09 AM
Author: Kink-friendly adulterous antidepressant drug

What if Trump gets elected? Otherwise I don't see downsides. The loans will be discharged under the Biden second term and his Dem successor.

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067663)



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Date: March 18th, 2023 3:12 AM
Author: Salmon Anal Area

Literally impossible for trump to get elected due to ballot harvesting. We're safe.

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067665)



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Date: March 18th, 2023 3:32 AM
Author: Rebellious organic girlfriend

*meme pic of Trump passing loanmo torch to Biden*

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067668)



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Date: March 18th, 2023 9:01 AM
Author: free-loading locale idiot

Yes but lol at the Dems having more than 45 votes in the senate after 2024.

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46067814)



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Date: March 18th, 2023 6:14 PM
Author: Salmon Anal Area

They're getting even better at it

(http://www.autoadmit.com/thread.php?thread_id=5308864&forum_id=2#46069367)