Author:
johnny-g
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Date:
4/30/2018 4:13:24 PM
Subject:
RE: Hey whatever happened to....
Side note, if your long term safety net is to do a forgiveness program so that you're not paying back your loan until you're 90, the government still considers that write off as taxable income. Meaning that you may owe less and with better interest rates, but you could still end up owing tens of thousands to the IRS if your goal was to make them go "poof" to 6 figures of debt.
I had to explain this to friends who previously thought there was an easy way out of their crippling debt.