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Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous]During the onset of the coronavirus outbreak, newspaper articles wrote that traveling nurses could earn at the rate of over $400,000 per year with massive amounts of overtime based on a base pay rate of $90 per hour ($180,000 for 2,000 hours = 50 weeks x 40 hours per week plus $135 per hour overtime rate. X 40 X 50 = an additional $270,000 for a total of $450,000). Someone who actually worked 40 hours of overtime per week might trigger double time at some point instead of just time and a half. Transportation, hotel/motel room and meals were also paid for the travelling nurses. But the work can be very stressful and exhausting. [/quote] Nursing can be stressful and exhausting. Police, fire, military, some roles in alphabet agencies are an entirely different prospect as far as level of personal risk than teachers and nurses. Teach grants [given despite parental income]are weird in that suspension of service is max 3 years for military and military spouses. That's a huge disconnect considering military enlistment contracts. PSLF -Public Service Loan Forgiveness on direct loans includes govt employees and non-profits. You can enter EIN's and surf away. From private schools like GDS to Casa. But risk your life in the marines interrupting the service for more than 3 years? Bye bye teach grant forgiveness.[/quote]
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