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TheBlackAdder

(28,227 posts)
Thu Jan 14, 2021, 10:03 PM Jan 2021

Hmm. That sucks, I guess my kids and I don't benefit from any student loan paydown.

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My daughter just told me that the loan repays will only be for Federal loan programs.

We took ours out from the State of NJ's HESAA program, because the Federal loans we were offered were through some shady third-party lenders, who would be managing them. You know, those lending institutions that are a bit fugazi.

We had smaller Stafford loans and paid those off first.

One of my daughter's friends just refinanced $100K worth of loans and now won't be eligible.

.

8 replies = new reply since forum marked as read
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Hmm. That sucks, I guess my kids and I don't benefit from any student loan paydown. (Original Post) TheBlackAdder Jan 2021 OP
What paydown? I missed something I guess. Thomas Hurt Jan 2021 #1
Up to $10K in student loan debt relief. TheBlackAdder Jan 2021 #4
Yes please tell us...I missed his speech and the excerpts I have read... wcmagumba Jan 2021 #2
Its going to be a contentious subject I think captain queeg Jan 2021 #3
I agree! What about people who just paid it off? Nt USALiberal Jan 2021 #7
I paid all my kids loans and.. Bobstandard Jan 2021 #5
Oh, same here. I don't want to see others go through the struggle and hell I am. TheBlackAdder Jan 2021 #8
Gov. Murphy is up for re-election this year...maybe take it up with him? brooklynite Jan 2021 #6

TheBlackAdder

(28,227 posts)
4. Up to $10K in student loan debt relief.
Thu Jan 14, 2021, 10:12 PM
Jan 2021

.

Two of my kids won't qualify, the other we are paying direct with home equity and work/pension loans.

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wcmagumba

(2,892 posts)
2. Yes please tell us...I missed his speech and the excerpts I have read...
Thu Jan 14, 2021, 10:07 PM
Jan 2021

haven't mentioned the student loan pay down...thanks

captain queeg

(10,270 posts)
3. Its going to be a contentious subject I think
Thu Jan 14, 2021, 10:10 PM
Jan 2021

I'm not against the idea but I think many who struggled and sacrificed will resent it.

Bobstandard

(1,328 posts)
5. I paid all my kids loans and..
Thu Jan 14, 2021, 10:40 PM
Jan 2021

I won’t be getting any of that back. But you know what? I’m just glad that a bunch of kids and their parents will get the burden lifted from their shoulders. So, tough for us. Good for many.

TheBlackAdder

(28,227 posts)
8. Oh, same here. I don't want to see others go through the struggle and hell I am.
Thu Jan 14, 2021, 10:45 PM
Jan 2021

.

That's why I'm not really angry, just more of a "Typical, We Missed Out Again" reaction.

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