On On My Own: Figuring Out How to Pay for College After My Parents Cut Me Off

@langedangereux Why did they cut you off? (If you're comfortable answering) I hope Aja explains her parents rationale in a future article.

Posted on October 24, 2014 at 10:50 am 0

On On My Own: Figuring Out How to Pay for College After My Parents Cut Me Off

DO NOT TAKE OUT A PRIVATE LOAN. Private loans are not eligible for the same repayment programs (pay as you earn, income based repayment, public service loan forgiveness, etc) as federal loans. Complaints about private loan management are up 38% http://www.consumerfinance.gov/newsroom/cfpb-report-finds-distressed-private-student-loan-borrowers-driven-into-default/ Do some googling and read the fine print. The interest capitalizes, but you don't have to pay it while in school. "Unsubsidized Loans—No. It is not necessary to pay the interest while you are in school or while you have an in-school deferment. However, paying interest early, before you have to, saves you money in the long run. Any interest that you do not pay during this period will be added to your principal balance (through capitalization). Because capitalization increases your principal, you end up paying more in interest, which leads to more overall costs." http://www.myfedloan.org/help-center/faq/interest-faq.shtml

Posted on October 24, 2014 at 10:49 am 1

On Screwing Myself With The Credit Card I Swore I'd Pay Off Every Month

@Caleb Posts like this make me feel like The Billfold is getting back to the original mission: money advice for people at all stages of personal finance. Oh how well I remember these SAME FREAKING ARGUMENTS on every Logan post. This butthurt behavior is the most Billfold thing of all.

Posted on October 23, 2014 at 10:03 am 2

On "Is There Anything More Ironic Than Coming to Live in Des Moines"

@calamity It is like the Jersey City of the DMV. Not objectively unlivable but NOT actually DC in any way.

Posted on October 22, 2014 at 12:35 pm 1

On It Don’t Mean a Thing If You Don’t Do 1 Thing

@Meaghano My mom and I used to do this thing where she would email me half of a sensitive set of number (social security number, bank info) and text me the other half with no other information in the text or email. I guess if someone swiped your phone they could still figure it out but it made us feel better about it.

Posted on October 9, 2014 at 1:45 pm 0

On Money Talks: An Advice Column for Women in the Workplace

@aetataureate YES. Would read.

Posted on October 3, 2014 at 11:54 am 0

On Who's Taking Care of Your Baby?

@MeGaspar Yes obviously these perfectly rational choices are made in a vacuum and not impacted in any way by the misogynistic society in which we all live. I'm not trying to get all second wave on you, but there are some pretty clear limits to choice feminism.

Posted on October 3, 2014 at 10:25 am 1

On OK, Gentrification is Lousy. Now What?

@apples and oranges Yeah the number of Class A condo/apt units coming onto the market in the next couple of years is the largest in the country, it seems mind boggling. On the other hand, there are a lot of well paid lawyers and think-tankers who can afford them. Where the breaking point is is an open question. There have been a couple of smaller developments that seemed to fill up immediately- the former funeral home on Florida and 2nd and the red brick place on Rhode Island and Florida. I'd love to live somewhere like that once I pay off all this student debt and leave group house life behind.

Posted on October 2, 2014 at 2:59 pm 0

On OK, Gentrification is Lousy. Now What?

I haven't read the article yet (I will!) but WHAT is this image? Where is the 8th ward? The Anacostia river? That's not really where swampoodle is? This is so confusing.

Posted on October 2, 2014 at 2:49 pm 1

On Who's Taking Care of Your Baby?

@vanderlyn If you can't understand that parenting and children are more complex calculations to me than the resources they may or may not use, this conversation is over.

Posted on October 1, 2014 at 5:20 pm 1