PSLF for attending

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.

Sanchik

Member
10+ Year Member
15+ Year Member
Joined
Jan 21, 2006
Messages
128
Reaction score
0
Just wondering if any new attendings signed up for PSFL? I see how it makes sense to do it as a resident, but under that program they are telling me that I have to pay close to $3000 each month (IBR) for a $200K
loan on a 150, 000 salary. Whereas Sallie mae is saying that if I want to pay my loan off in 10 y, i have to pay 2K a month. I so don't getthis but the people who I was speaking with were just reading a script.
 
You automatically switch to the 10 year plan if your IBR payments become greater than the 10 year repayment option. This is a no choice thing, and you will not get to choose the 25 year or extended etc.

However, upon switching to the 10 year plan, those payments still count towards the 120 payments.
 
Top