BREAKING: Mississippi State True Freshman transfer WR Mario Craver has Committed to Texas A&M, he tells @on3
The 5’10 170 WR totaled 17 Receptions for 368 Yards & 3 TDs this season (21.6 YPC)
3 years of eligibility remaining
https://t.co/0sFRVRiPbX
Just came across a Dave Ramsey clip.
Law Enforcement Officer has $252,000 in student loan debt with $70,000 income.
Dave's advice.
1. You're a moron
2. Sell your house
3. Side hustle your way out of this.
Now hear out my advice.
Law Enforcement Officer is part of PSLF.
At $70,000 with a pension, we are talking about an Adjust Gross Income of roughly $55,000.
From here he can subtract off the 2.25 times the federal poverty level for his household size (1).
$55,000 - $32,805 = $17,195
Under the SAVE plan, he will pay 10% of this each year.
$17,195 * .1 = $1719.50
That's $143 per month.
If he has absolutely no months of credit already (which is unlikely)...
He would pay less than $20,000 TOTAL over the 120 months he needs to pay.
This guy might even qualify for forgiveness right away if he has been working for many years.
Just some food for thought before you sell your house, your car, and work 80 hours per week.
Reminder that no matter how the economy is performing there will always be a loud group of people saying:
- Big recession around the corner
- Hyperinflation imminent
- The dollar is doomed
- The Fed broke everything
- Stocks are overvalued
Been like that for 100+ years.