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dyk343
Anyone pursing this option post residency graduation? I am technically joining a non-profit that should qualify. My residency is also at a non profit so I have almost 3 years of income based repayments from residency. That would mean 7ish years to be debt free making income based or pay as you earn repayments.
However, 100% of my advisors say the program is unreliable and should not be trusted. They all recommend living like a resident for the next 3-5 years and pay it off before pursing other financial debt (like a home). I'm leaning towards this advice.
What are other people doing? Anyone taking the gamble?
Direct from the student aid.gov website:
Can I be certain that the PSLF Program will exist by the time I have made my 120 qualifying payments?
We cannot make any guarantees about the future availability of PSLF. The PSLF Program was created by Congress, and Congress could change or end the PSLF Program
However, 100% of my advisors say the program is unreliable and should not be trusted. They all recommend living like a resident for the next 3-5 years and pay it off before pursing other financial debt (like a home). I'm leaning towards this advice.
What are other people doing? Anyone taking the gamble?
Direct from the student aid.gov website:
Can I be certain that the PSLF Program will exist by the time I have made my 120 qualifying payments?
We cannot make any guarantees about the future availability of PSLF. The PSLF Program was created by Congress, and Congress could change or end the PSLF Program