My husband entered SAVE before we were married, as his income is significantly less than mine. He makes about $70k a year with $100k loans. I make about $140k with $3k left in loans (3%, subsidized). We make too much for any of the other income payment plans to make sense and right now our goal is to pay them off. I’m making about a $1k / month payment. Is it sensible for us to stay in SAVE and attacking our high interest loans, file taxes MFJ until this mess is figured out? I don’t want to prematurely enter the standard repayment plan, I’m trying to get the monthly payment amount down to a sensible (for us)amount for the ten year (currently about $1100). I would just like to lower our risk profile before entering standard repayment.
In SAVE limbo, need a sanity check.
byu/stormyweather07 inStudentLoans
Posted by stormyweather07
2 Comments
It would not benefit you in any way to get off forbearance while everything is tied up in the courts. Keep making payments on your own time/schedule/that benefit you best until you’re forced to pick a new plan. I am also wondering about taxes as I am in the same boat as to file separately or not
Geezus tits $140,000 I wouldn’t know what to do if I made that much let alone have someone to help