So… I made a mistake.
Our Patreon donors have been so wise with choosing quality topics in the past. So this month, I invited our supporters to pitch article topics directly to us.
Sounds great, right? WRONG. This was a huge mistake because all of our supporters’ ideas are fucking great! Now I have no choice: I simply must write them all. When am I supposed to do my life’s most important work: incorrectly cutting the wood for my woodworking project, then driving to Lowe’s to buy more wood???
One question stood out as being particularly time-sensitive, so today I’m answering this question from our patron Rachel, who we all know to be so glitteringly beautiful that she’s regularly mistaken for an ice sculpture of herself:
I’d love to know your thoughts on U.S. federal student loans currently being deferred with no interest. Is it smart to continue to make my regular loan repayment? Or should I stop making student loan payments and use that money to invest in other things?
– Patreon Donor Rachel
An excellent question! Today we’ll address the basics of student loan forbearance, including how it pertains to the CARES Act. (That’s the $2 trillion stimulus package we explained here.)
Luckily there’s a fairly definitive answer, which I am just barely capable of explaining in human speech. Let’s get into it!
Read More