Why can we not do this? It makes sense for everyone and incentivizes people to get degrees!
Who's with me!!
Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary Forum
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Anonymous User
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ClubberLang
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Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
People need incentives to become plumbers and electricians, not to get degrees. Your "plan" will encourage more borrowing and drive up costs more. Also what about people who don't borrow? Can they pay out of pre-tax dollars too? May as well have meal payments taken out of pre-tax salary too because everyone has to eat, right! Also, isn't there already an interest deduction? Pretty dumb idea anon bro.
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h2go
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Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Agree. There is already enough incentive to get a degree.ClubberLang wrote:People need incentives to become plumbers and electricians, not to get degrees. Your "plan" will encourage more borrowing and drive up costs more. Also what about people who don't borrow? Can they pay out of pre-tax dollars too? May as well have meal payments taken out of pre-tax salary too because everyone has to eat, right! Also, isn't there already an interest deduction? Pretty dumb idea anon bro.
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Pomeranian
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Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
The only thing this will do is make law schools more eager to raise costs...
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Boltsfan
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Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Strong response. I concur in full. Especially in the bolded section.ClubberLang wrote:People need incentives to become plumbers and electricians, not to get degrees. Your "plan" will encourage more borrowing and drive up costs more. Also what about people who don't borrow? Can they pay out of pre-tax dollars too? May as well have meal payments taken out of pre-tax salary too because everyone has to eat, right! Also, isn't there already an interest deduction? Pretty dumb idea anon bro.
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star fox
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Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Why should the country's treasury as a whole suffer to help fund your legal education?
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Clemenceau
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Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
I just wish the student loan interest deduction were in play for the biglawyer bigdebtors
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Anonymous User
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Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
or to bigdebtors in general.Clemenceau wrote:I just wish the student loan interest deduction were in play for the biglawyer bigdebtors
I make just enough so I can pay down my sticker debt on a 15-20 year plan but have very little left over (poverty level). But the current deduction is a joke in my situation.
