Those counting on loan forgiveness might want to pay attention to how this plays out:

[doktorinprogres]

https://www.nytimes.com/2017/03/30/business/student-loan-forgiveness-program-lawsuit.html?_r=0

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Members don't see this ad.

 

[Incis0r]

https://www.nytimes.com/2017/03/30/business/student-loan-forgiveness-program-lawsuit.html?_r=0

Those who received approval letters should get the forgiveness they were counting on when they elected to take a PSLF-eligible job. Don't leave people who were counting on it for the last ten years out in the cold.

 

[Likkriue]

I'm sorry but it's hard to believe anything the NYTimes reports. The second half of this article is quoting "Ms. Abrams" who works for a "nonprofit" 501(c)(4) organization called Student Debt Crisis. Here's the best part about this article - they aren't even talking about working for a government association such as a public health clinic or FQHC with an HPSA score of 16 or higher - but instead, the reporter is beating around the bush and throwing up a whole bunch of fear, uncertainty, and doubt and actually referring to people who were banking on PSLF for working for a "nonprofit organization" like Student Debt Crisis:

From the Article:
"At that point, others whose certifications were approved by FedLoan could discover that the Education Department has a different position. Some employers clearly qualify — the definition of a “government organization” is fairly straightforward — but the rules for certain nonprofit organizations are harder to interpret.

“It’s kind of a no man’s land,” Ms. Abrams said. “We don’t know how this will pan out.”

So here's the kicker...Ms. Abrams works for Student Debt Crisis as stated above, which is a 501(c)(4) nonprofit organization. If you know anything about nonprofit organizations, you will know just how easy it is to get an EIN and file for a 501(c)(4) status which, unlike a 501(c)(3) nonprofit organization (i.e. Red Cross), does not have to disclose their donors and are allowed to participate in politics as long as they don't spend more than 50% of their funds on politics. Why is this important? These organizations can now influence politics and spend millions and millions on advertising to lobby empty political messages to try to sway Americans political stances. The best part about it is that unlike a Super PAC - they don't have to disclose their donors! My favorite example is during this last election our good old corrupt billionaire George Soros donated millions and millions and millions to Citizens United and other 501(c)(4) nonprofit organizations alike to print thousands of the same exact protest signs and distributed them to thousands for all their "marches" and "protests" in an attempt to sway Americans opinions (it didn't work obviously).

Moral of the story is that these people that work for these "nonprofit 501(c)(4)" organization that don't actually do anything beneficial for society are now complaining because the government doesn't consider their organization as eligible to receive public service loan forgiveness. Surprise, surprise! When you don't actually do anything to benefit the good of humanity except throw up a bunch of fear, uncertainty, and doubt - don't expect taxpayers to foot the bill on your Gender Studies degree from UCLA, Natalia Abrams.

To conclude - this article does not apply to anyone here on this forum if they plan on practicing dentistry in a public health clinic, FQHC, or the VA. Your loan forgiveness will be honored. No need to worry.

Government can't afford to forgive 400k worth of loans a person. Obama wanted to cap it at 60k a person.

When they did projections for the cost of the program they didn't factor in grad PLUS loans.
You better freaking worry.
Feds may have underestimated cost of student loan forgiveness

 

[FlowerGirll35]

 

[Grinz]

Government can't afford to forgive 400k worth of loans a person. Obama wanted to cap it at 60k a person.

When they did projections for the cost of the program they didn't factor in grad PLUS loans.
You better freaking worry.
Feds may have underestimated cost of student loan forgiveness

Who is getting 400K of loans forgiven unless you're a health professions student? Seriously..

 

[Likkriue]

Who is getting 400K of loans forgiven unless you're a health professions student? Seriously..

You are in a health professions site? You said every health professions worker at a FHC, VA or whatever shouldn't worry at all. Doubt they budgeted to forgive that much per person.

On average dentists have 250k+, doctors and veterinarians have 200k+. The loan amounts there days are ridiculous.

 

[Alpha Centauri]

I'm sorry but it's hard to believe anything the NYTimes reports.

The failing New York Times! Sad!

 

[FlowerGirll35]

You are in a health professions site? You said every health professions worker at a FHC, VA or whatever shouldn't worry at all. Doubt they budgeted to forgive that much per person.

On average dentists have 250k+, doctors and veterinarians have 200k+. The loan amounts there days are ridiculous.

Haha! You're such a dummy, you said they can't afford to forgive $400K per person. The program is NOT strictly for healthcare. When was the last time you met a teacher with $400K in debt?
I never stop overestimating people's potential to not be complete idiots.

 

[Likkriue]

Haha! You're such a dummy, you said they can't afford to forgive $400K per person. The program is NOT strictly for healthcare. When was the last time you met a teacher with $400K in debt?
I never stop overestimating people's potential to not be complete idiots.

Okay let's say they forgive 60k-100k per person who are teachers and other cheaper fields. These are people who did NOT need to take out Gradplus because Stafford covers them entirely.
Okay let's move on to law school grads. 150-200k per person. Oh **** it's double what they had to forgive for the teachers.
Okay so now they finally move on to the folks in healthcare. They see numbers 4 X the amount they forgave for the teachers.

I guaranteed you that they will NOT forgive loan amounts larger than 150k. The economics of the program doesn't make sense.

 

[MolarBear_]

Haha! You're such a dummy, you said they can't afford to forgive $400K per person. The program is NOT strictly for healthcare. When was the last time you met a teacher with $400K in debt?
I never stop overestimating people's potential to not be complete idiots.

How has your IP not been banned yet..

 

[FlowerGirll35]

How has your IP not been banned yet..

 

[Alpha Centauri]

Hey there long time no see! How was your AADSAS cycle this year?

 

[Scumbag_Steve]

.

 

[wholeheartedly]

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