Reply to Anyone plan on not paying back student loans?

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[quote=Anonymous][quote=Anonymous]Can someone explain to me who (what jobs) are eligible for loan forgiveness? I assume teachers, but does that also include all federal employees?  Is this for federal loans only? Are Parent Plus loans are excluded?

Another dumb question: From what I understand, the repayment plan is based on the person’s salary who has the loan. Does your spouses salary affect your payment amount?[/quote]

Work for a 503c or public entity. I think people working in ministry were recently included. For profit employers are excluded. So nurse at for profit hospital does not qualify. Accountant at not for profit hospital does qualify. Feds, state workers, and municipal workers all qualify. Teachers qualify as long as they are not working for a for-profit. All Direct Loans qualify. FFLE and Parent Plus loans can qualify if the person holding the loan does a direct loan consolidation.

If a married person wants to do a income-based repayment including only their own income, they must file as married filing separately. [/quote]

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