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Finally beat cancer
(sh.itjust.works)
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this post was submitted on 25 Apr 2024
1924 points (95.4% liked)
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Believe me, I get it. I would definitely love to have that $16,000 back.
I'd like for it to be that way too, but I think it's unlikely. On a macro level though, it's just more important to eliminate debt for the indebted, I think.
Only SIXTEEN THOUSAND?? When you said five figures, you had us thinking $99,999.
I'm on year three of six, paying back $63,000 by way of the IRS garnishing 100% of my disability benefits and tax refunds 🥺
Yep, only 16k. It hurt to drop that much all at once, but with the way the loans are structured and so little goes to pay down the principal, I think it was worth it in the end.
I'm sorry to hear about your situation. Capitalism fucking sucks.
You paid $16k all in one big payment? Wowza look at Mr Moneybags here 🤑
I was very lucky.
In March 2020 lots of oil stocks were dropping down to pennies. I bought a bunch on the cheap and it appreciated to a good price when the world reopened. Sold it all to pay off the debt. Sadly still working on my credit cards.
Smart man! Nice leveraging oil stock prices