Someone explain to me the AU extraterrestrial math that student loan companies use to come up with your expected repayment amount?
— #N7 T. Shepard (@cypheroftyr) November 9, 2015
So apparently Navient thinks I am made of money. They actually expected me to be able to pay $620 and some change monthly on my student loans. This is after a year of income based repayment directly to the dept of ed for a year to get out of default.
I’m not even using this fucking degree for it to cause me all this hassle. An hour later, a half-dead phone battery and a lot of irritation later, I finally got them to agree to another 3 month forbearance, the same amount I was paying before, $109 which is still a stretch some months.
The initial plan they offered scaled up to almost $1100 per month in the final years of repayment. What kind of jobs do they think we have to pay that kind of money.