public service loan forgiveness and undergraduate loans

Discussion in 'Allopathic' started by acetylaldehyde, 05.20.14.

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  1. acetylaldehyde

    acetylaldehyde

    Joined:
    01.24.14
    Messages:
    5
    Status:
    Pre-Medical
    Hey everyone,

    I just had a question about the PSLF program. I know after 10 years your federal loans are forgiven if you work for a non-profit hospital. Does this include all Perkins, Stafford (unsub and sub), and PLUS loans? And even the ones I got under undergrad? Starting medical school soon and just pondering. Thanks!
     
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  3. @JackShephard

    @JackShephard

    Joined:
    02.06.14
    Messages:
    693
    Search PSLF in this forum - there's a lot of questions about it working for people already paying into it. It would include all the loans, not undergrad. I doubt it will be around if you are starting med school now. That's a good 15 years from now. I'm not even sure if America will be around then.
     
    coffeesnob likes this.
  4. pathologyDO

    pathologyDO MS-3 2+ Year Member

    Joined:
    04.24.12
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    Location:
    Missouri
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    Don't have the time to look it up right now tbh but they've already decided to cap that at below $50k I believe... Hope you can prove me wrong but I remember recently reading about it
     
  5. Mt Kilimanjaro

    Mt Kilimanjaro

    Joined:
    01.23.13
    Messages:
    1,522
    If you borrow after 1 July 2015, you're likely to be capped at $57,500.

    http://educatedrisk.org/analysis/of...ed-budget-pslf-caps-paye-benefits-limitations
     
    pathologyDO likes this.

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