I have about 27k+ in federal loans and increasing since I'm paying the interest. Right now I put $50 a paycheck in my HSA and 9% into my job's 401k. Looking into this calculator: https://thecollegeinvestor.com/58820/repayment-assistance-plan-rap-student-loan-calculator/ I go from $330 a month with what I'm making (31.75 an hour) to $245 a month with my current contributions. Maybe it makes sense to try and max out everything to get as low as a payment as possible. Ugh idk just rambling. Really annoyed about the news about student loans.
Are you guys going to up your 401k and HSA contributions once RAP starts?
byu/personalthoughts1 inStudentLoans
Posted by personalthoughts1
3 Comments
Yup reducing my AGI as much as possible.
Yes.
Already did