I know many new attendings are in the same boat as me. I have completed 4 years of payment on my loans while in IBR. My outstanding loan balance is 250,000, with the majority of it at 6.75%.
standard repayment of 2,773/month x 6 years = ~200k. i am currently working for a 501c3 employer.
It appears PSLF repayment is not going to be taxed. So I would come out ~50k ahead or so.
I would be doing a SOFI 1.75 variable 5 year term and plan on paying it off in 3 years.
Any idea if PSLF is going to payout?
standard repayment of 2,773/month x 6 years = ~200k. i am currently working for a 501c3 employer.
It appears PSLF repayment is not going to be taxed. So I would come out ~50k ahead or so.
I would be doing a SOFI 1.75 variable 5 year term and plan on paying it off in 3 years.
Any idea if PSLF is going to payout?