Strange. I just looked at my MPN (signed in 2009), and it says:NCGuy wrote:When I consolidated my loans, the promissory note said that the remaining balance will be forgiven after 120 on-time payments using a qualified payment plan. I feel like current borrowers are safe but future ones might get screwed.
https://static.studentloans.gov/images/ ... ryNote.pdf
Relevant quote:You could certainly weaken this through the regulatory structure (get rid of the definition of "certain public service jobs" and "certain repayment plans") but it seems like more effort than the Trump Administration would want to go through.A Public Service Loan Forgiveness program is also available. Under this program, we will forgive the remaining balance due on your eligible Direct Loan Program loans after you have made 120 payments on those loans (after October 1, 2007) under certain repayment plans while you are employed full-time in certain public service jobs.
"A public service loan forgiveness program is also available. Under this program, the remaining balance due on your eligible Direct Loan Program loans may be cancelled after you have made 120 payments on those loans (after October 2, 2007) under certain repayment plans while you are employed in certain public service jobs."
I hope the "will" vs. "may" thing doesn't screw different borrowers depending on the specific language in their MPN. There's no way that would happen, right?