|
Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
|
| View previous topic :: View next topic |
| Author |
Message |
jackson7
Joined: 01 Aug 2006
Location: Kim Jong Il's Future Fireball
|
 Posted: Tue Nov 25, 2008 4:38 pm Post subject: A Reminder for U.S. Teachers Currently Studying/Enrolled |
 |
|
If you're still paying on your student loans, and dreading the chunks of change you're losing in the exchange rate, you don't have to be paying right now. Your interest may or may not continue to accrue, depending on your loan, but if your loans are at low rates like mine (average 3.5%) than you can hold out for 12-15 months while studying and as long as the won improves by that much or more, you will have saved money.
If you have loads of consumer debt...well, getting deep into consumer debt should be a lesson in itself. It feels great getting out of it though, so focus, make a plan, and good luck! |
|
| Back to top |
|
 |
matthews_world
Joined: 15 Feb 2003
|
| Posted: Wed Nov 26, 2008 1:19 am Post subject: Re: A Reminder for U.S. Teachers Currently Studying/Enrolled |
|
|
| jackson7 wrote: |
| If you're still paying on your student loans, and dreading the chunks of change you're losing in the exchange rate, you don't have to be paying right now. |
Which side of the ocean are you writing from?
| Quote: |
| Your interest may or may not continue to accrue, depending on your loan, but if your loans are at low rates like mine (average 3.5%) than you can hold out for 12-15 months while studying |
Everybody knows that if you study full time then you can qualify for an in-school deferment.
| Quote: |
| If you have loads of consumer debt...well, getting deep into consumer debt should be a lesson in itself. It feels great getting out of it though, so focus, make a plan, and good luck! |
Good idea but a few things to consider:
If you use the wad of cash you've accumulated here in Korea to pay for a semester or two's worth of tuition and housing, you should probably be working PT to cover your monthly expenses.
You are obviously forgetting costly transportation and insurance - auto & health.
Don't forget food, utilities and entertainment. |
|
| Back to top |
|
|
Ronald
Joined: 14 Feb 2007
|
| Posted: Wed Nov 26, 2008 6:13 am Post subject: |
|
|
f you are American, you can defer your federal loan for up to 8 months. You need to contact this website.
http://studentaid.ed.gov/PORTALSWebApp/students/english/index.jsp
They will have you fill out a paper online and submit. You should tell them that you are unemployed and looking for a new job or applying for a new job. |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
