this post was submitted on 08 Jul 2024
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2meirl4meirl

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Memes that are too meirl for /c/meirl.

Rules:

  1. Respect the community. If you're not into self-deprecating/dark/suicidal humor then this place isn't for you. Kindly just block and move on. This is just how some of us cope.

  2. Respect one another.

  3. All titles must begin with 2meirl4meirl. This is for multiple reasons. One is just so you can be lazy with titles but another is so people who aren't into this kind of humor can avoid it.

  4. Otherwise just the general no bigotry, no dickishness, no spam, no malice, etc stuff.

Sidebar will be updated when I feel like and considering I'm Sadboi extraordinaire we'll see when that will be.

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[–] [email protected] 4 points 5 months ago (1 children)

Can you explain a bit more for us non-americans? You pay 0 and after 25 years it's written off? Why doesn't everybody do that then?

[–] [email protected] 11 points 5 months ago* (last edited 5 months ago) (1 children)

You pay a percentage of your income, but 225% of the federal poverty guideline is subtracted from your income before the calculation is made. If you haven't paid off the loan within a certain timeframe (I believe 10 years if you have $12,000 in loans or less, 20 years if it's more but you didn't go to grad school, or 25 years otherwise) the loan is discharged, but you have to treat the discharged amount as taxable income for the year it's discharged. Also, if you make your monthly payment ($0 for anon), your loan doesn't accrue interest that month.

[–] [email protected] 3 points 5 months ago

Ah ok that makes more sense, thanks for explaining!