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by apieceofpi 5357 days ago
That's inspiring to hear. Student loan debt is not the worse debt to have; however, it doesn't go away even if you declare personal bankruptcy (although, there are bills going through the legislative process currently to amend this currently).

Perhaps I am not as risk-taking as you are, but having to worry about paying student loan debt versus startup concerns seems like a mental battle I am not prepared to fight. I'd rather do the debt repayment independent of the startup so I can focus on each individually with undivided financial attention. On the other hand, the argument can be made that having debt repayment while you're running a startup makes you hungrier. Although, I predict that would make me rather short-sighted to live hand to mouth.

1 comments

Don't forget that if you have a sufficiently low income, you can suspend payment on your student loans for a year at a time up to three years with no penalty. I think it is called "forebearance".

Unfortunately, now I am making a salary and next year I will have to start paying my loans again :\