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re: Draft Education Dept. budget to possibly cut Public Service Loan Forgiveness Program

Posted on 5/18/17 at 12:23 pm to
Posted by imjustafatkid
Alabama
Member since Dec 2011
51111 posts
Posted on 5/18/17 at 12:23 pm to
quote:

It's designed to entice quality people into low demand jobs in underserved areas.


Isn't working that way. A lady I used to work with at Birmingham City Schools was able to get the amount she paid in student loans to the government each month down to $0 a month because she "owned a business" that really her husband owned and ran and put in her name so they could get minority female business contracts, so after 10 years she would have her loans forgiven and have paid not a single red cent.

ETA: I don't blame her, but the program is definitely a waste.
This post was edited on 5/18/17 at 3:54 pm
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