▲ 13 r/StudentLoans
Paying off my daughter’s loans
My daughter has $49,000 in school loans. She makes $64K as a social worker in a for profit hospice company. She made 5 payments on the SAVE plan before they stopped taking payments.
We sold a piece of property and want to help her out by paying off the loans. My SIL said we shouldn’t do that because they will eventually be forgiven or if a Democrat gets in office they may be forgiven sooner.
So should we help her pay them for awhile in hopes of that or just pay them off? No one knows the future. She wants to buy a house and considering her salary, I think that large debt could hinder ability to get a mortgage.
u/cherrybounce — 4 days ago