Monday, April 8, 2013

Furlough means I can't pay my student loan

http://money.cnn.com/2013/03/28/news/economy/federal-workers-student-loans/index.html?iid=A_E_News

mom to three kids, including Micah, 8, will have to delay paying off $10,000 in student loans if furloughs cut her pay by 20%.


WASHINGTON (CNNMoney)

Upcoming furloughs mean a 20% pay cut for thousands of federal workers -- and some tough budgeting choices. For many, student loan payments will be the first to go.

Laurie Vroman has already made her decision. She has three young children and makes $37,000 a year as a management assistant at an Army arsenal near Albany, N.Y.
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