Comments on: Your Path To Success – Unsecured Business Loans

By: rails

rails — Fri, 11 Dec 2009 08:31:45 +0000

IBR is a great idea…however 25 yrs of payments is too much. The time it needs to be to make payments should be 5 years max.

By: truth

truth — Fri, 11 Dec 2009 06:34:38 +0000

The person who created this animation deserves to have their job. Awesome work

By: guzen

guzen — Fri, 11 Dec 2009 00:20:16 +0000

The one thing to research t is what happens when these loans are “forgiven”. As I understand it, the law presently has the ‘forgiven’ portion of your loan tacking on to your taxable income. So if you have been paying small amounts for 25 years then all of a sudden your going to be shoved into the million dollar a year tax bracket and own Uncle Sam some fat money.

The IBR website says this is still under review, but worth checking out b4 you make a decision.

Still looks like a decent program.

By: Free Blog

Free Blog — Thu, 10 Dec 2009 19:05:16 +0000

2:06 make less than 26K (?? who could that be?) will pay NOTHING AT ALL? sounded great up to that. That just doesnt even look right. What do they mean? If I get students loans and end up a bum i dont have to pay back?

By: nacao

nacao — Thu, 10 Dec 2009 10:26:41 +0000

This is awesome. This will help A LOT of graduates.

By: WPBlog Shop

WPBlog Shop — Wed, 09 Dec 2009 21:33:03 +0000

This is a great program for those with federal student loans. However, those with private student loans are still without ANY relief. I would hope that one day very soon our govt would allow us to convert these private student loans into federal ones so we could take advantage of IBR.

By: Blogger

Blogger — Wed, 09 Dec 2009 05:13:50 +0000

I’m confused. Obama talked about capping student loan re-payments to approximately 10% of your annual income, and cancellation of debt after 20 years private, 10 years government service. However, isn’t that this plan? How is that “on the talks” plan different from this?

By: Wordpress

Wordpress — Tue, 08 Dec 2009 14:35:33 +0000

If government can bail out banks and CEO’s – they can help students who are simply trying to do something good with their lives. I shouldn’t suffer because I chose an education. Someone here mentioned bankruptcy – but as far as I know, student loans aren’t forgiven for bankruptcy in the U.S. either. However, if you have a degree and are getting $26,000 – that company needs to get sued. And I’m sure that we’ll have to pay heavy taxes on the “forgiven” part too.

By: WPMixer

WPMixer — Tue, 08 Dec 2009 13:28:32 +0000

How much did your parents owe for their education? nuf said. Look at how much colleges are charging now a days. Everything from tuition, books, lab fees, etc… Every semester requires a new edition textbook which is practically identical to the older version all for the sake of money. I think the problem is quite clear. Another problem is the availability of loans for every tom, dick, and harry, pursuing art and humanities degrees. How about providing people opportunity to pay this off.