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Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 6:41 pm
by Anonymous User
Why can we not do this? It makes sense for everyone and incentivizes people to get degrees!
Who's with me!!
Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 7:14 pm
by ClubberLang
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.
Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 7:17 pm
by h2go
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.
Agree. There is already enough incentive to get a degree.
Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 7:19 pm
by Pomeranian
The only thing this will do is make law schools more eager to raise costs...
Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 7:22 pm
by Boltsfan
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.
Strong response. I concur in full. Especially in the bolded section.
Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 8:32 pm
by star fox
Why should the country's treasury as a whole suffer to help fund your legal education?
Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 9:19 pm
by Clemenceau
I just wish the
student loan interest deduction were in play for the biglawyer bigdebtors
Re: Petition to Have All Student Loan Payments Taken out of Pre-Tax Salary
Posted: Mon Nov 21, 2016 9:22 pm
by Anonymous User
Clemenceau wrote:I just wish the student loan interest deduction were in play for the biglawyer bigdebtors
or to bigdebtors in general.
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.