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I locked in at 3% when rates were through the floor. Makes no sense to pay off 3% money when you can easily beat that yourself. That’s comfortably below the threshhold for it making any sense to pay it off.
How will student loan interest rates be effected by the new healthcare bill which has as one of it’s major provisions; the government take over of a large portion of student loan administration and distribution?
sounds like the IRS will have a much tighter control over collecting on defaulted student loans through wage garnishment.
Legion, once one is in AMT status, one hasn’t benefited much at all on that bush tax relief that’ll disappear next yr – ie when the baseball bat is up your behind already, adding/removing a toothpick chunk of wood from the bat wont make much of a difference at all
M4L
so next year, I’m bringing a large bat to my accountant’s office, he’s due for a wooden enema.
I locked in at 3% when rates were through the floor. Makes no sense to pay off 3% money when you can easily beat that yourself. That’s comfortably below the threshhold for it making any sense to pay it off.
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Did I miss this?!
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What this topic covered in the last couple of days? Cuz this is pretty exciting to me!
Prospect Park West’s two-way bike lane is on a roll…
http://www.brooklynpaper.com/stories/33/16/33_16_sb_bike_lane_meeting.html?comm=1
DH/Pete,
Lech probably gave that loan officer the “stare” to get the 3%. our friendly faces would’ve yielded 20% rates
How will student loan interest rates be effected by the new healthcare bill which has as one of it’s major provisions; the government take over of a large portion of student loan administration and distribution?
sounds like the IRS will have a much tighter control over collecting on defaulted student loans through wage garnishment.
“m bringing a large bat to my accountant’s office, he’s due for a wooden enema.”
A woodie where the sun don’t shine.
3%? they’re at like 8 or 9 % now i think.
Lech, yeah, 3% is killer and not worth the hassle of HELOC deduction.
By more4less on April 15, 2010 3:32 PM
Legion, once one is in AMT status, one hasn’t benefited much at all on that bush tax relief that’ll disappear next yr – ie when the baseball bat is up your behind already, adding/removing a toothpick chunk of wood from the bat wont make much of a difference at all
M4L
so next year, I’m bringing a large bat to my accountant’s office, he’s due for a wooden enema.
3% student loan? where did you get that? I certainly hope my tax $$$ not subsidizing it.