Quote:
Originally Posted by JoeS21
So far every single public program that uses income guidelines has failed me. This is because I have to pay about $1000 a month in student loans. These payments cannot* be deferred, forbeared, postponed, or cancelled. None of the public agencies take those payments into consideration when figuring what your income and expenses are. They just ignore those payments like they don't exist. So basically every public agency (Medicare, Medicaid, MassHealth, etc.) thinks I'm $1000 better off every month than I truly am.
*It's worth repeating that they cannot be postponed no matter what. I have gone round and round about that.
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Wow. You have to pay out ONE THOUSAND dollars on month on this debt. I know that student loans get treated different from consumer debt. But supposed you stopped forking over that grand a month. What exactly would happen. I understand the debt cannot be canceled. But I have a hard time thinking that, if you reduced your payments to free up income for medical expenditures, that there would be a darn thing the banks could do about it. I'ld really like to know more about this.