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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][

At your income level, that's really gross you are getting loan forgiveness.  That's not exactly a real non-profit salary.[/quote]

LOL has anyone told you about doctors and loan forgiveness?? If you think this is gross…[/quote]

[b]Please, do tell. I'm fairly sure most docs working full time would not qualify for loan forgiveness.[/b]

Would it have the unintended consequence of encouraging more docs to work less hours to lower their salaries and qualify for forgiveness?? Not sure. That sounds like additional disaster zone for the medical system...[/quote]

Why would you think that? I really wish people who know nothing about PSLF would stop blowing smoke about it.

If they are employed by government or 501c3 nonprofits, they're eligible. That's a lot of them. And that--not working fewer hours--is what PSLF incentivizes. We need more of that happening. So: incentivizing it is a good thing. [/quote]

For doctors too, most of their[b] residency is done in academic hospitals so will automatically get a chunk of the 10years (eg general surgery has 5 years of residency plus 2 years of research plus 2 years of fellowship all typically done at a qualifying hospital)[/b]. Then they do one-few years as an attending at the same type of hospital (most state flagships) and have everything forgiven despite - at the time of forgiveness- making mid 6 figure annual salaries.

I was the original PP who mentioned doctors and did it bc I think they’re a good example where PSLF doesn’t really consider the HHI at the time of forgiveness. (That doesn’t particularly offend me, but offended the PP I was responding to.) [/quote]

That is generally correct.

PSLF incentivizes public service. Except to the extent that it relies on income-driven repayment plans to give it financial value to the people who get it, it is not means-tested. And the reason for that is that there was bipartisan agreement *during the George W. Bush administration* that the nation's policy should incentivize public service, and that doing that was even more valuable than finding a way to pauperize people who devote many years of life to education towards careers we all rely on. They were right. [/quote]

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