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re: "Travel enthusiast” is grateful his student loans are forgiven
Posted on 4/14/24 at 10:18 am to stout
Posted on 4/14/24 at 10:18 am to stout
quote:
Good point. If the pay cut was more than $10K per year then why do it? He said he has been paying $400 per month and will get $100K forgiven. Wonder what the numbers are on the pay cut to make this make sense.
There could be other reasons:
maybe public sector work is less stressful or allows better work life balance
Maybe pension plan is attractive
Maybe it’s more stable with little chance of layoff
My point is lots of public sector employees talk about making less, but there is some reason they work there and it isn’t altruistic..
1
Posted on 4/14/24 at 10:22 am to Dawgfanman
quote:\
My point is lots of public sector employees talk about making less, but there is some reason they work there and it isn’t altruistic..
My cousin was a mechanic in the National Guard for 20 years. He retired at 38 then jumped to another Federal job. He did so strictly because he will have two Federal retirements in his late 50s.
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