Earlskies wrote:Given the past week and a half, I am apt to reconsider relying on PSLF.
Isn't it weird to go into debt counting on loan forgiveness?
Isn't it weird to put your money in banks, counting on the FDIC to cover you in the event the bank collapses?
PSLF is a federal program, and the government has made a series of guarantees to students who want to enter the public service field. It's not unreasonable or weird to count on that, and even though this Congress may try to gut the program, I highly doubt that students who took out loans when those promises were made are going to be affected. It was already mentioned above, but your promissory notes for student loans have language addressing PSLF, so it would be an uphill battle for the government to claim they weren't going to allow those students to qualify for it through public service.