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socrateaser
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Do monthly payments on a student loan that is not past due

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Do monthly payments on a student loan that is not past due count as an allowable expense when performing the Means Test?
Submitted: 5 years ago.
Category: Legal
Expert:  socrateaser replied 5 years ago.
No. Payments of employment-required educational expenses are allowable expenses -- but, not school loans.

If your loan was in default, and the Dept. of Education was garnishing your pay, then that would be an allowable expense. But a timely-paid loan does not qualify.

Hope this helps.

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