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Reply to "What is going on with student loans?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Good thing DH and I got our combined $500k in loans forgiven through PSLF. Guess we can now join the F you, got mine brigade. But seriously, we didn't budget for loan repayment and I bet most of the people with only $20-30k in debt didn't either. There will absolutely be political and economic problems once people get their $300/month bill while servicing rent and other high-interest debt. But at least a few hundred UMC here will be satisfied.[/quote] But jobs that qualify someone for PSLF (including doctor & lawyer jobs) pay absolute dogcrap, so it evens out. [/quote] Uh, no. Doctors who work for [b]nonprofit hospitals[/b] absolutely do get market wages. Wages, of course, depend on your speciality. If you do residency and speciality training at a nonprofit hospital, you’ve already knocked off 5-7 years of payments under PSLF. Might as well finish out the 3-4 years and get the very large balance forgiven while making the bare minimum payment. [/quote] Many have payroll outsourced to for-profit “physician groups.”[/quote]
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