{ "media_type": "text", "post_content": "Student loan question - just got this email. What is the benefit to me for prematurely ending COVID forbearance? Is there any?", "post_id": "5fd8ca5a786baa001a7dfaa3", "reply_count": 19, "vote_count": 2, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter", "feed_type": "bowl" }

Student loan question - just got this email. What is the benefit to me for prematurely ending COVID forbearance? Is there any?

Post Photo
like
Posting as :
works at
You are currently posting as works at

Lmao the only benefit they list is they can start sending you monthly billing statements to tell you what you probably already know. I see no benefit to doing this.

like

Exactly what I was thinking, just wasn't sure if I missed something. Thanks!

The benefit is already listed out in the email. You get to pay it down while at 0% interest. Interest accrue daily and paying it off now helps you save interest in the long run.

like

SA1 that's what I was thinking! Sounds like 0% interest either way, just without forbearance they send me statements? Doesn't seem worth it at all

like

As long as you can continue to make payments, I wouldn't end your forbearance.

like

Definitely no benefit in ending it. Keep the forbearance and keep paying. Depending on how you structure your payments you could save up to make full monetary payments toward one loan if the forbearance continues (saw somewhere they were considering until April).

like

Good God, you’re still in Great Lakes? What interest rate are they charging? Refi it as soon as you can after the 0% interest rate lifts.

@pwc I still have ~10k that I’m pretty much just letting sit for now in hopes for this

No benefit to paying down. Invest in income/dividend stocks meanwhile?

Good call!

Related Posts

Staffed on a case in Shanghai starting this week - should I be worried about the corona virus?? NAMR here

like

Bit scared of this mysterious coronavirus - if I wear a surgical mask to work will it be kinda strange? In SF for context / will take it off in the office of course

like

Who here is anxious about flying with the coronavirus spreading? Anyone discuss making changes to travel arrangements?

like

Curious, anyone have to do a health check at an airport yet for the corona virus?

like

Coronavirus... SARS... H1NI... what if China & the world just stopped eating meat altogether? Why can’t our species go beyond consumption of animals? It’s causing chaos! Or am I oversimplifying this?

likefunny

Coronavirus - how worried are you? I’m in Sydney, baby is 3 mo old and my family will visit in a few weeks from Europe. I’m worried they’ll catch the virus in flight. Would you tell them to postpone?

I have a pretty high baseline level of anxiety, particularly regarding health, and this whole coronavirus thing is really freaking me out! Anyone have any coping tips? Comforting activities?

Would you voluntarily contract the coronavirus if you were instantly promoted to Partner (PPMD) upon surviving?

funnylike

So the man in Chicago who contracted coronavirus works in the same building as my client. Should I take advantage of WFH? 😂😭

funnylikehelpful

Cruise ship with potential coronavirus infected passengers docked this morning at Bayonne NJ and hundreds let out without any quarantine. Thoughts?

like

Has anyone noticed more xenophonia at school since the coronavirus outbreak?

like

Coronavirus is starting to slow/shut down massive supply chains, how are you prepped for the client conversation tomorrow/soon? March 1 is tenative date for all factories reopened in china

like

Any one thinks Corona virus is a bio-weapon experiment gone awry?

likefunnysmart

Corona Virus General postings will continue until morale improves

Post Photo
likefunnyhelpful

As a chinese fish, I had heard both pos and neg stories around coronavirus. What are your thought on this situation? Have you taken any preventive actions? And which country do you currently work in?

like

In 2009 the H1N1 swine flu (originating from the US) infected 61M people in the US it took 6 months before an emergency was declared. Stop freaking out about Coronavirus

likesmarthelpful

If the corona virus continues to spiral, I'm calling it as a possible trigger for the next recession

like

Additional Posts

Still not seeing location in the post window when turning it off.

Ahh it is posting but into middle of feed as opposed to top.

like

Do you see this post? 12:59am

Testing for sound!

Posting from the top side.

Post for push testing

like

Post new user

like

My company is now displaying!

like

test on 1.1.5!

like

Post with company

like

Hdjdjjdjd f hdjdjdjdhjd djdjdjjd d djdjdjjd bend djdjdjjdjjd djdjdjjdjjd djdjdjjdjjd djdjdjdjjdhdhdhdbbd djdjjdjdjdjdhje djdjjdjdjdjdhje djdjjdjdjdjdhje djdjdjjd djdjdjdjjdhdhdhdbbd djdjhdjdjdjdhdhhdj

like

My hotel straight up abuts a corporate building. I woke this morning and accidentally made awkward eye contact with a dude in this conference room. Travel life is precisely as glorious as I remember from the before times

Post Photo
funnylikeupliftinghelpful

Getting back to the travel is like going for a new job. Can't believe I left my child behind again.

like

Got a 730 on GMAT 3 years ago (applying to top 10 MBAs next year). Should I retake if I'm confident it will be 750 or higher? Engineering undergrad GPA was 3.3 so I'm worried about offsetting that.

like

Been stuck on the same dead end project for a year and have lost all motivation and fucks to give. Tips?

like

The Pre Check line at JFK is moving slower than the line for Space Mountain at Disney World

like

Applying for India Business visa is a very frustrating process....😖😖

like

Can we stop with the Happy New Year email openings already

likefunny

Raise your hand if you have ever felt personally victimized by American Airlines 💁🏽

like

TFW you reach your hotel floor and have no idea what your room # is

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal