I slapped it on the IDR thing and I'm just gonna ignore it forever.

I'm maybe gonna move out of the country and then just ignore them forever.

I haven’t been paying them. I didn’t even realize they started back up. I’m guessing a lot of people are doing the same, which is great.

I have no idea what’s going on. Nelnet says my required payment is zero but we should have restarted payments. I think they’re just racking up interest right now to fuck us over idk

I got a good income based repayment plan and I’m only paying $100/month on six figures of debt. I work in the public sector so it should be all forgiven in 10 years. I need my credit to not be dogshit so I can buy a car when my current one breaks. So yeah. That $100/month is basically a protection racket on my ability to get to work.

i ain't even read their emails

If I remember correctly, those are the only loans that can garnish your wages. If absolutely nothing else, I would just pay them one month, not pay them for three months, pay them again, and then continue that cycle.

I started paying my public loans back. I hope they eventually allow some portion of student loan forgiveness, but on the off chance they aren't, there's no way I'm dealing with wage garnishing.

I regretfully resumed payments, but only because I'm very close to the 20-year end-of-plan thing with IDR/IBR. If it gets forgiven this year, then I won't have to pay taxes on the forgiven portion as income, which would be great.

And if it doesn't get forgiven this year, then idk what I'll do. Count how many payments to forgiveness versus how much it'll fuck me on taxes and figure out what's the best way to go, I guess.

Nope.

My country has zero interest on them (for now, before more neolib policies encroach on that system), I haven't paid back a cent because I'm too broke to pay it back atm.

yeah i paid my off in full just the other day. feels fucking amazing

Death to America

You should get on IDR and make payments. If your income is low enough, you won't have to pay anything, and even if it's a bit higher than that, you're payments should be manageable.

I used the pause to pay down what I could. Got rid of the super predatory private loans ASAP and then just paid down the principle as much as possible spending most of my paycheck for years on it. Went from like 140k in debt to 30k. Might be able to finally pay the rest of it off this year. Nursing sucks, but it at least pays the bills well enough.

I think my wife's student loan has like 1,75% interest on it, so it's not a huge amount, but it does represent another debt that we need to get rid of. We also just got an interest rate increase on our car, which means that any available income we have is going towards paying that off as soon as possible. I think so far this past year we have paid an additional 3-4 months off of our loan, and later this month we'll pay another 3.

I'm doing IBR with payments of $0

I paid off mine during the covid freeze by working two jobs.

Death to america

With the new IDR plan I’m making payments of a whopping $0 a month. I’ve yet to give them a single cent and I hope to never do so.

I posted the same question a few months ago and got more feedback here: https://hexbear.net/post/744569?scrollToComments=false

(not being snarky just pointing you to more info!)