Originally Posted by
MoarAlpha
There is no way being an airline pilot would count as a public service.
The income based repaymwnt is fine, but if you know anythig at all about interest rates or compounding interest they are going to get their money wvwntually. Don't come *****ing when you have very high payments near the end of your payment cycles to make up for the lower payment initally.
Just pay off your damn loans like a responsible individual. Don't go saying you cant afford it because all the regionals pay about the same and you knew you would have to go that for some time.
I wasn't saying being a pilot counts, only military service, and I believe tha has t be full time.
If you pay your interest, or if you qualify, the government pays your interest, you are not going to have the high payments at the end, as I believe after 25 years the rest is forgiven.
I am a responsible individual, and I will say I can't afford my loans right now, because I can't. And I'm certainly not going to shell out money I don't have to keep you happy.
"Then you shouldn't have borrowed the money" you'll say. Well maybe, but at the end of the day, I'm gonna do what I have to to put food on the table.
Again didn't mean to start a debate, just letting people know what is out there. By all means, feel free to take the high road.