Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
that public service job may not pay off after all. regardless, a promise made should be kept.
Quote:
The Public Service Loan Forgiveness Program promises to cancel any remaining student debt for those who work for the government or nonprofits if they have been making on-time payments for 10 years. Many teachers, public defenders, Peace Corps workers, and law enforcement officers fit the qualifications.
-----
The program could cost the government more than originally expected, according to the Government Accountability Office. The Obama Administration had proposed capping the amount borrowers could have forgiven at $57,500, but that proposal was never was approved and forgiveness remains unlimited.
that public service job may not pay off after all. regardless, a promise made should be kept.
/
if they have not yet signed up and if they took the "risk" of planning without certainity they have nobody to blame but themselves..
one needs to hedge. You plan for both events, it continuing and it not doing so. You should not place all your eggs in one basket. it really is something their parents should have guided them on.
I would add the best way for the gov to handle this would be to phase it out. over the course of a number of years. they is how this sort of thing is normally done. drop the % covered over maybe 3 or 4 years to zero.
if they have not yet signed up and if they took the "risk" of planning without certainity they have nobody to blame but themselves..
one needs to hedge. You plan for both events, it continuing and it not doing so. You should not place all your eggs in one basket. it really is something their parents should have guided them on.
I would add the best way for the gov to handle this would be to phase it out. over the course of a number of years. they is how this sort of thing is normally done. drop the % covered over maybe 3 or 4 years to zero.
I agree, but the ones who have signed up should be covered. and there should have been a cap on the total amount in the first place.
Location: Free State of Florida, Support our police
5,862 posts, read 3,302,153 times
Reputation: 9147
I don't feel sorry for people that owe loans. Go to community college for two years. Then go to state for the last two. Work while in college. The loans will be small. Or go private and have huge loans. Either way you owe the money and you should pay it back!
"Public Service" - the ultimate Orwellian doublespeak. Let 'em eat cake.
Yeah, except in dear Leader Trump's case, he misread it as Pubic Service!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
