IBR and loan forgiveness

[Big Time Hoosier]

Hoping to have that dental school student loan balance forgiven down the road? I wouldn't count on it.

https://www.washingtonpost.com/news...tudent-loan-borrowers/?utm_term=.1338d23d86b5

Big Hoss

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[cacajuate]

Stop giving away free money to every damn kid that applies. Will fix all the problems real fast.

 

[distressstudent]

Stop giving away free money to every damn kid that applies. Will fix all the problems real fast.

So what criteria would you propose for qualifying for student loan?

Preferably one that wouldn't leave low income families in the dust.



I see income forgiveness cap as the best solution to IBR. This program is toppling harder than social security. Jeez.

 

[Big Time Hoosier]

Why the government is even involved in the student loan business is the better question.

Big Hoss

 

[cacajuate]

So what criteria would you propose for qualifying for student loan?

Preferably one that wouldn't leave low income families in the dust.



I see income forgiveness cap as the best solution to IBR. This program is toppling harder than social security. Jeez.

Cap the amount available.

 

[distressstudent]

Cap the amount available.

Well subsidized and unsubsidized loans do have a cap. So I guess the problem are the PLUS loans. And for undergrads, they require parents to cosign.

So I guess the government did try... Just isn't working very well

 

[Big Time Hoosier]

So I guess the government did try... Just isn't working very well

Like everything else it does.

Big Hoss

 

[cacajuate]

Well subsidized and unsubsidized loans do have a cap. So I guess the problem are the PLUS loans. And for undergrads, they require parents to cosign.

So I guess the government did try... Just isn't working very well

Yea, a limit that has risen significantly over the last 16 years.

You think that the loan limit was the same back in 2000 that is it now? Or do you really think running a dental school has gotten that much more expensive since 2000?

 

[schmoob]

I wouldn't worry about it. Until it's official, you will have PSLF.