How do I keep the delicious graduate student loan monies coming in?

To the OP,

I would stick with the UNLV MBA since you are 3/4 finished. Isn't this an EMBA?

 

Done .....

 

Why do I get the impression that, in a few years, Jackie1776 is going to be featured in one of those "PhD on food stamps with $100,000 in student loan debt" articles?

 

Hey, my question wasn't political and I don't appreciate it being hijacked for political discussion.

I've done the math and my plan is +EV. Unless I end up making a ton of money (which would be a nice "problem" to have), my IBR payments won't pay off my loans before the remaining balance is eligible for forgiveness. Thus, the only additional payment I will make on any additional loans (and the associated capitalized interest) will be my marginal tax rate on the forgiven portion in the year that it is forgiven, which is so far in the future that its net present value is negligible. As far as the payments I'll make between when I eventually leave school and when the remaining balance is forgiven, 15% of my AGI minus 150% of the poverty line for my family size is not burdensome and is a reasonable price to pay for consumption smoothing. If my condition worsens and I become totally disabled then all my loans will be discharged. To conclude, I know what I'm doing and anyone who still wants to lecture me about personal finance will be subject to torture-by-spreadsheet.

This has nothing to do with any pending legislation and is based entirely on the 2007 reforms. Also, please don't whine to me about "your" tax dollars -- my family paid millions in estate taxes when my grandparents died and I'm just getting a little of *OUR* money back. Don't hate the player, hate the game.

Now that I've dispensed with the financial and political objections, is there anyone who can help me with my actual questions about graduate-level distance learning programs where I can get maximum living expenses coverage from Stafford and Grad PLUS loans?

Thank you.

 

Okay. Apparently you know what you're doing. Now, which sub-forum would you like this thread moved to?

 

I understand where your coming from. Personally, I'm not to fond of what the OP said either. Every citizen has a say (well, at least are supposed too)...that's what elections/etc are for. I to am a tax paying citizen so she would be using both our tax payer dollars. Chances are you would get a better result by telling someone "Hey, this may not be the right path" then by saying what you said. She hasn't taken out these loans yet (to my knowledge). So instead of encouraging the behavior (even if in a sarcastic manner), let's be blunt honest and correct it before it grows.

Let's take this opportunity to inform her so that she would be one of those "took out 100k in student loans and can't replay them".

 

I doubt this needs to be moved. Jackie1776 hasn't responded to anything so I'm assuming she's done posting. Everyone else will probably leave it alone and let it fade away lol

 

The EBS program is not a "credit-by-exam" program. Yes, you do need to take an "exam" to get "credit" but that is not the same thing. You will still have to pay program tuition, which is around $14,000, and you won't be able to use financial aid unless you are moving to Edinburgh.