Anonymous
11/12/2016 11:58
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so as well!!
Really? What do you have against nurses, teachers, social workers?
Do you realize that physicians use this program too? My friends are counting on their med school loans being forgiven. I'm pretty sure we can afford to pay off our loans on our salaries. The forgiven amounts should at least be taxes as regular income. Otherwise I'm a freaking fool for paying off my 200k in student loans.
Sure, it's possible that there are some high earning professions like certain doctors for whom this is not justified. But for the lower paid professions like preschool teacher and social worker, it's a well-earned benefit.
You and PP are idiots who don't understand how loan repayment works for drs. They have to go to some shitty backwoods hole and work several years to get full loan repayment. Their loans are very large amounts too.
Anonymous
11/12/2016 11:18
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so
So people that have been working at lower paying jobs than they could get in the private, for profit sector for YEARS in order to be eligible for loan forgiveness should just be told to kick rocks?
I dont believe workers claiming they could make so much more in the private sector. Why don't they and pay off their loans then?
I am OP. I am a career government attorney making 105k. I could be making triple that in the private sector, but I wanted to work in public service.
NP. Many government employees prefer it because there's more work-life balance: flex time, vacation time, reduced hours, benefits, etc ---
Obviously the corporate attorneys who make triple your salary have high stress jobs, long hours.
Anonymous
11/12/2016 11:14
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so as well!!
Really? What do you have against nurses, teachers, social workers?
Do you realize that physicians use this program too? My friends are counting on their med school loans being forgiven. I'm pretty sure we can afford to pay off our loans on our salaries. The forgiven amounts should at least be taxes as regular income. Otherwise I'm a freaking fool for paying off my 200k in student loans.
Go work on an Indian reservation in the middle of nowhere or some other depressed town for 8 years then....Oh right you didn't, you chose the cushy local job...of course you should pay back your loans. There is a reason that certain physicians get to partake in this program, I don't expect you to understand that based on your previous statement.
Anonymous
11/12/2016 11:07
Subject: public service loan forgiveness + trump
If they can leave in year 11 and get the balance forgiven that is a huge hole in the program. FYI Virginia does not give huge discounts for instate law school. GMU $13,000 discount. http://www.law.gmu.edu/financing/tuition
UVA $3000 discount https://www.law.virginia.edu/html/prospectives/finaid/tuition.htm
UVA should charge out of state undergrad the going rates for Duke . 70000-60000=$10,000 shortchanged!
UVA $3000 discount https://www.law.virginia.edu/html/prospectives/finaid/tuition.htm
UVA should charge out of state undergrad the going rates for Duke . 70000-60000=$10,000 shortchanged!
Anonymous
11/12/2016 08:20
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so
I dont believe workers claiming they could make so much more in the private sector. Why don't they and pay off their loans then?
I am OP. I am a career government attorney making 105k. I could be making triple that in the private sector, but I wanted to work in public service.
Haha but do many unemployed crappy attorneys get picked up by the government
Seriously. They're not good at what they do and they do it for the lifestyle benefits. Snow days, a straight forward 9-5, no clients, nice pension, great healthcare benefits, federal holidays, and so on...
I wouldn't put some random HHS employee who works from home three days per week in Reston for $80,000/year on par with a physician who chooses a lower salary to serve in a rural area. While it might make sense for the latter person to have some sort of loan forgiveness, the former is probably just a loser. While there are some employees (especially some SEC folks) who could absolutely out-earn their fed jobs at the drop of a hat, that isn't the case for many.
+1 These feds need to quit pretending that they took on all that education debt for the sole purpose of going into public service. They just ended up taking the easier job for the lifestyle benefits and now they want to catch an additional break on their student loans for it. Unreal.
Yep. All these highly marketable Feds seem awfully panicked about having to earn a higher salary in the private sector.
Who is expressing panic?lol You've just created a scenario in your head.
Anonymous
11/10/2016 18:50
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so as well!!
Really? What do you have against nurses, teachers, social workers?
Do you realize that physicians use this program too? My friends are counting on their med school loans being forgiven. I'm pretty sure we can afford to pay off our loans on our salaries. The forgiven amounts should at least be taxes as regular income. Otherwise I'm a freaking fool for paying off my 200k in student loans.
Don't these physicians have to work in arrears where physicians are hard to come by. Places where a newly trained physician would not go. Places such as Indian reservations and rural America. I know someone who did this many years ago. She was the only OB GYN in this backwards North Carolina town. Her med school loans were drastically reduced based on the number of years she worked in that area.
Anonymous
11/10/2016 18:29
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so
I dont believe workers claiming they could make so much more in the private sector. Why don't they and pay off their loans then?
I am OP. I am a career government attorney making 105k. I could be making triple that in the private sector, but I wanted to work in public service.
Haha but do many unemployed crappy attorneys get picked up by the government
Seriously. They're not good at what they do and they do it for the lifestyle benefits. Snow days, a straight forward 9-5, no clients, nice pension, great healthcare benefits, federal holidays, and so on...
I wouldn't put some random HHS employee who works from home three days per week in Reston for $80,000/year on par with a physician who chooses a lower salary to serve in a rural area. While it might make sense for the latter person to have some sort of loan forgiveness, the former is probably just a loser. While there are some employees (especially some SEC folks) who could absolutely out-earn their fed jobs at the drop of a hat, that isn't the case for many.
+1 These feds need to quit pretending that they took on all that education debt for the sole purpose of going into public service. They just ended up taking the easier job for the lifestyle benefits and now they want to catch an additional break on their student loans for it. Unreal.
Yep. All these highly marketable Feds seem awfully panicked about having to earn a higher salary in the private sector.
Anonymous
11/10/2016 17:54
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so as well!!
Really? What do you have against nurses, teachers, social workers?
Nothing but they could have gone to community college and a state school and worked their way through. Why should I pay for their college choice? Or their career choice? Also plenty of attorneys use this.
You clearly don't know many people who have gone the CC and state school route. They also accumulate student debt. My DD's nanny is currently doing just this in order to be a SW. She is also a single mom due to the fact that she adopted her DD out of an abusive situation (i.e. can you imagine a more selfless and deserving person?). Before working for us, she did accumulate student debt just through her CC classes. We are now paying the portion of her tuition for which she can't get grants...and I don't see why a public servant in her financial circumstance doesn't deserve the same.
No. I don't have any interest in paying for her college. She choose having a kid. You want to help her, fine. Don't spend my money doing it, I have charities I believe in. Like ones that help refugees, not some nanny making a good salary.
Anonymous
11/10/2016 17:46
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so
I dont believe workers claiming they could make so much more in the private sector. Why don't they and pay off their loans then?
I am OP. I am a career government attorney making 105k. I could be making triple that in the private sector, but I wanted to work in public service.
Haha but do many unemployed crappy attorneys get picked up by the government
Seriously. They're not good at what they do and they do it for the lifestyle benefits. Snow days, a straight forward 9-5, no clients, nice pension, great healthcare benefits, federal holidays, and so on...
I wouldn't put some random HHS employee who works from home three days per week in Reston for $80,000/year on par with a physician who chooses a lower salary to serve in a rural area. While it might make sense for the latter person to have some sort of loan forgiveness, the former is probably just a loser. While there are some employees (especially some SEC folks) who could absolutely out-earn their fed jobs at the drop of a hat, that isn't the case for many.
+1 These feds need to quit pretending that they took on all that education debt for the sole purpose of going into public service. They just ended up taking the easier job for the lifestyle benefits and now they want to catch an additional break on their student loans for it. Unreal.
Anonymous
11/10/2016 17:39
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so
I dont believe workers claiming they could make so much more in the private sector. Why don't they and pay off their loans then?
I am OP. I am a career government attorney making 105k. I could be making triple that in the private sector, but I wanted to work in public service.
Haha but do many unemployed crappy attorneys get picked up by the government
Seriously. They're not good at what they do and they do it for the lifestyle benefits. Snow days, a straight forward 9-5, no clients, nice pension, great healthcare benefits, federal holidays, and so on...
I wouldn't put some random HHS employee who works from home three days per week in Reston for $80,000/year on par with a physician who chooses a lower salary to serve in a rural area. While it might make sense for the latter person to have some sort of loan forgiveness, the former is probably just a loser. While there are some employees (especially some SEC folks) who could absolutely out-earn their fed jobs at the drop of a hat, that isn't the case for many.
Anonymous
11/10/2016 17:23
Subject: public service loan forgiveness + trump
Anonymous wrote:To answer the OP's question:
I was told Trump's plan is to increase payments to no more than 12.5% of take-home pay (up from 10%) and 20 years of service (instead of 10) or at least this is one he is considering.
Please, note I did not fact-check this.
I believe it was 12.5% and 15 years and would be for everyone, not just public service.
Anonymous
11/10/2016 17:22
Subject: public service loan forgiveness + trump
Anonymous wrote:I would hope there is a loan modification coming for everyone not just public service workers. The divide and special interests should stop.
There is, for student loans, loan modification relief for everyone. Thanks to hard work by the Obama administration, actually. Public service workers do get more benefits, in light of the fact that they provide public services and often get paid incommensurate with the level of education debt they take on.
Anonymous
11/10/2016 17:21
Subject: Re:public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Back to the original question. Is anyone aware of the current structure of the program- can it be eliminated by exec order? Has Trump commented on it?
It's part of the Higher Education Act, which takes years and years to be reauthorized. Trump has not said anything about it, far too in the weeds for even Clinton to mention. The only think Trump has said about higher ed finance/student loan repayment is actually quite progressive and even more generous than the current system.
So do you think the first group of eligible people will have loans forgiven in 2017 once they submit paperwork and certification?
Yes, I do. (But of course nothing is certain.)
Anonymous
11/10/2016 17:15
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so
I dont believe workers claiming they could make so much more in the private sector. Why don't they and pay off their loans then?
I am OP. I am a career government attorney making 105k. I could be making triple that in the private sector, but I wanted to work in public service.
No you didn't. You just wanted an easier job than Big Law with 9 to 5 hours and a good pension. Don't pretend you went to law school just to work in public service.
Really, idiot? I did both law school summers in govt or at non profits. Interned throughout law school at an agency. Both my parents worked in public service.
Anonymous
11/10/2016 16:52
Subject: public service loan forgiveness + trump
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I hope so
I dont believe workers claiming they could make so much more in the private sector. Why don't they and pay off their loans then?
I am OP. I am a career government attorney making 105k. I could be making triple that in the private sector, but I wanted to work in public service.
No you didn't. You just wanted an easier job than Big Law with 9 to 5 hours and a good pension. Don't pretend you went to law school just to work in public service.