Ex-Students With 'Income-Based' Loan Payments Face Crushing Tax Bill

Posted by awebb 9 years, 2 months ago to Education
40 comments | Share | Flag

So this showed up in my Facebook feed last night. Here is exactly what I posted about this article on Facebook:

"Stories like this are really irritating. SO sorry you have to pay back money you borrowed!

Oh wait, you AREN'T paying it back. You're knowingly paying way less than you should so you'll still have debt in 25 years and the government will take care of it for you... AND you're whining about it.

The government is going to forgive hundreds of thousands of dollars in debt that you knowingly incurred and in return you just have to pay taxes on it. Grow up!

I feel like I'm living in the Twilight Zone."

Strangely, all of my fellow millennial are silent on my post....
SOURCE URL: http://www.nbcnews.com/business/personal-finance/ex-students-income-based-loan-payments-face-crushing-tax-bill-n517566


Add Comment

FORMATTING HELP


FORMATTING HELP

  • Comment hidden. Undo