$200K in student loans : r/personalfinance - Reddit

If its of any help, I finished law school with just over $250,000 in student loans. They were federal loans (7%) for about 4 years, and I took advantage of IBR. But, it was equating to about $50 in …


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$200K In Student Loans : R/personalfinance - Reddit

6 days from now

If its of any help, I finished law school with just over $250,000 in student loans. They were federal loans (7%) for about 4 years, and I took advantage of IBR. But, it was equating to about $50 in …

reddit.com

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$200K In Student Loans And 26 Years Old : R/personalfinance - Reddit

6 days from now

The good news is that this is almost all apparently federal student loan debt. That means that it can all be repaid on an income-contingent basis--for your loans, you will never have to pay …

reddit.com

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Anyone Have 200K In Student Loans? : R/StudentLoans - Reddit

6 days from now

That's what my partner (pharmacist) is doing with her big pile of student loan debt. The new 5% REPAYE draft regulations just announced today would be even better for you, in that they …

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Stressed—200k In Student Loans : StudentLoans

6 days from now

Today, household income 200k with $1k loan payment. Very doable. Student loan planner and personal finance podcasts (I like the money guys). Max your Roth. Then put as much into …

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200k In Student Loans! Help! : R/personalfinance - Reddit

6 days from now

That $420 extra is just a tiny fraction of the student loan's nominal monthly payment of $3913. No amount of budgeting can really fix a student loan that consumes more than half the couple's …

reddit.com

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Loans $200k | Student Doctor Network

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Jan 28, 2023  · How long did it take yall to pay off your $200k loans? What did y’all do expedite the process? ... in a house/make a major financial move when starting out with that much debt. …

studentdoctor.net

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Strategies To Pay Off $200K In Student Loans: A Comprehensive …

6 days from now

Oct 7, 2024  · From income-driven repayment plans to student loan forgiveness programs and more, here’s how to repay $200K in student loans.

wsj.com

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I Have OVER 200k In Student Loans - WTF Can I Do? - Reddit

6 days from now

Now, if OP makes $70K and gets a 5% raise per year, then the loan will be paid off in year 24, but OP would have paid more than $500k for his original $200k loan. Basically, OP better start …

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Reddit - R/StudentLoans: Paying Back Student Loans ($200k

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Mar 3, 2020  · 2nd video in the r/Student loan series!!Don't forget to subscribe for weekly videos!!https://www.reddit.com/r/StudentLoans/comments/fccjix/paying_back_studen...

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Which Loan Should I Work On Paying Off First? : Personalfinance

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I have multiple student loans with multiple lenders. My highest interest loan is $37,000 at 14.14% and my newest, probably most manageable one is...

redditmedia.com

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How To Pay Off $200k In Student Loans - LendingTree

6 days from now

Jul 14, 2023  · How common is $200k student loan debt? A little over 45 million borrowers have federal student loan debt, with Americans owing a whopping $1.78 trillion in federal and …

lendingtree.com

FAQs about $200K in student loans : r/personalfinance - Reddit Coupon?

How long does it take to repay $200k in student loans?

The timeline for repaying $200K in student loans depends on multiple factors, like your financial situation, loan type, monthly payment and repayment term. The fastest way to repay federal student loans is under the default 10-year Standard Repayment Plan with equal fixed monthly installments over 10 years. ...

Can student loan forgiveness help with $200,000 in debt?

Yes, student loan forgiveness programs can help with $200,000 in debt. While income-driven forgiveness is available to nearly all federal loan borrowers, other loan forgiveness programs require you to meet eligibility criteria. ...

What is student loan refinancing?

Student loan refinancing is similar to consolidation, but it's only available through private lenders. A refinance loan is a new loan that pays off your old loans, and it comes with a new interest rate and repayment terms. The new rate you'll receive is based on your credit and other factors, and can be fixed or variable. ...

Does $1225 a month pay off student loans?

There is absolutely no way that $1225 per month is enough to cover principal and interest on $200k in student loans, at least under standard repayment. I'm assuming the $1225 is a substantial increase over your IBR minimum monthly payment. The question is: does $1225 ever pay off the debt? ...

Should you refinance a student loan?

Refinancing can be advantageous if you qualify for a competitive interest rate or want to release a cosigner from your original loan. However, refinancing federal student loans will cause you to lose access to federal benefits and protections, so it's typically best to only refinance private loans. ...

How often should you refinance a student loan?

All you can really do is aggressively repay while regularly refinancing to lock in lower fixed interest rates. Here's the refinancing boilerplate: With private student loans the general advice is to try to refinance every 12-18 months to chase lower interest rates while you aggressively try to pay it off. ...

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