501c3 for PSLF?

[raccoon914]

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Is there a good way to find out which residency programs qualify as nonprofit for PSLF? Specifically, does anyone know if St. Elizabeth's in Boston is? One of the residents said it didn't qualify but I found something online that says they are 501c3. I would also like to check on the other places I applied. Thanks.

 

[Merovinge]

Is there a good way to find out which residency programs qualify as nonprofit for PSLF? Specifically, does anyone know if St. Elizabeth's in Boston is? One of the residents said it didn't qualify but I found something online that says they are 501c3. I would also like to check on the other places I applied. Thanks.

Likelyhood 10 years of IBR will cover your student loans if you haven't even started yet is next to 0, particularly with the current government environment. I really would not at all plan on it happening.

 

[TheFuture_22]

Likelyhood 10 years of IBR will cover your student loans if you haven't even started yet is next to 0, particularly with the current government environment. I really would not at all plan on it happening.

There is apparently legal language in the loan documents that makes it tough for them to retroactively take away the program. Any changes to the program would likely only affect those still taking out loans from what I understand.


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[Merovinge]

There is apparently legal language in the loan documents that makes it tough for them to retroactively take away the program. Any changes to the program would likely only affect those still taking out loans from what I understand.


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Absolutely not what our financial advisers told us, it is NOT a guarantee at all and it's essentially a loop hole that this is working for professional school loans. I would not be surprised if democrats even chopped it for professional degrees.

 

[TheFuture_22]

Absolutely not what our financial advisers told us, it is NOT a guarantee at all and it's essentially a loop hole that this is working for professional school loans. I would not be surprised if democrats even chopped it for professional degrees.

You may be right. I don't really know. Has anyone done the research themselves?


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[raccoon914]

There is apparently legal language in the loan documents that makes it tough for them to retroactively take away the program. Any changes to the program would likely only affect those still taking out loans from what I understand.


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Yes, this is what I heard.

 

[Merovinge]

You may be right. I don't really know. Has anyone done the research themselves?


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You can read the language of the law yourself but no one can guarantee you anything. It is NOT a contract nor a legally binding document, not sure what else there is to say.