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Reply to "Federal agency student loan repayment program?"
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[quote=Anonymous][quote=Anonymous]Have you looked into the public interest loan repayment program? I'm having a similar debate as you about whether to deplete my savings or keep my payments going although I am not a fed and have a lower rate. If my rate was higher I'd probably move to pay more of it off. [/quote] I know a family friend's son who is in law school now, planning to take out over $160k of federal loans, and then get a public service job to qualify for loan forgiveness. There are a lot of potential pitfalls. Also he is living veyr large in the city, since it doesn't make a difference to him whether his eventual debt is a few (tens of) thousand higher here or there.. not so good for the taxpayer I guess.[/quote]
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