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re: "Travel enthusiast” is grateful his student loans are forgiven

Posted on 4/14/24 at 8:41 am to
Posted by Hopeful Doc
Member since Sep 2010
14991 posts
Posted on 4/14/24 at 8:41 am to
quote:

Were you confused about how loans are supposed to work when you borrowed the money?



In his defense, PSLF is actually a condition of the loan. Part of the reasoning is along the lines of “it will encourage people into public service/government jobs that are lower paying.”



So, this is actually an appropriate plan to pay off loans made at the time of taking them out in many cases.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
34954 posts
Posted on 4/14/24 at 9:21 am to
quote:

In his defense, PSLF is actually a condition of the loan. Part of the reasoning is along the lines of “it will encourage people into public service/government jobs that are lower paying.” So, this is actually an appropriate plan to pay off loans made at the time of taking them out in many cases.


Sir we are here to create boogeymen and then yell at them, get out of here with your rationality
Posted by TigersnJeeps
FL Panhandle
Member since Jan 2021
1710 posts
Posted on 4/14/24 at 9:25 am to
and unfortunately, schools recognize this will continue and charge accordingly.

They still get theirs but instead of from the student, it's from taxpayers at large...
Posted by Earnest_P
Member since Aug 2021
3557 posts
Posted on 4/15/24 at 12:46 pm to
quote:

of “it will encourage people into public service/government jobs that are lower paying.” So, this is actually an appropriate plan to pay off loans made at the time of taking them out in many cases.


Then it should be subject to detailed review of their earnings compared to those that could be earned in the private sector for a similar job and the forgiveness should be capped at that difference.
That’s if we should have such a program at all.
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