70
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 24 Jul 2024
70 points (93.8% liked)
Asklemmy
43917 readers
1555 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
Aren't you kinda screwing yourself by doing this? I'm not super familiar with the current deferment program so I could be completely wrong, but I thought they still charge you interest while you're in deferment which just increases what you owe at the end of the day.
Im Def racking up interest but I'm lowkey banking on student loans being forgiven before the extra interest becomes a problem. Like, I'm gonna assume that at worst I'm adding an extra year of payments, but that's going to be future me's problem in like 15 years.
I totally get the sentiment, but compound interest is a real killer and it's not like these can be discharged like other debt (in the event that student loan forgiveness doesn't eventually happen)