If you have a job that pays well then you'd typically have your loans paid off after the required 10 years of payments

Jan 23, 2020
7:13:41pm

Slim Broscience major

anyway. The benefit of loan forgiveness is to keep people at jobs when they could be paid better or otherwise have a better life working somewhere else.

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Slim

Bio page: Slim
Joined: Sep 1, 2006
Last login: Nov 4, 2022
Total posts: 50,256 (15,468 FO)

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Messages

Author

Time

POLL: Are you opposed to student loan forgiveness for those in public service or non profit jobs?

Future_Tacos

1/23/20 6:32pm

opposed to the federal govt forgiving, yes.

byuwahoo

1/23/20 6:34pm

I might consider it for anyone who enlists in the military..

HuskerFan2

1/23/20 6:34pm

Those mechanisms pretty much already exist though

IGlowInTheDark

1/23/20 6:43pm

Depends on the specific job. I’m more fine with it for jobs that are otherwise hard to staff, dangerous, etc.

Mike Honcho

1/23/20 6:34pm

There is a reason it exists. It is incentive to take an otherwise less desirable job. You take away that incentive then

Slim

1/23/20 6:36pm

I think it’s a good incentive to have for what typically is lower paying jobs

USMCdad

1/23/20 6:36pm

Why not just take that money and pay higher salaries? More equitable.

byuwahoo

1/23/20 6:39pm

It’s the same thing, and most people don’t want those jobs

USMCdad

1/23/20 8:01pm

No. raising salaries helps those with and without student loans.

byuwahoo

1/23/20 8:07pm

Company (or Non-Profit) has nothing to do with repayment, the Government forgive

akmewg

1/23/20 9:57pm

Yep. So the govt could effect higher salaries through tax cuts

byuwahoo

1/23/20 10:11pm

Uhhh, theses are non profits that don’t pay (or pay very little) in taxes

akmewg

1/23/20 10:18pm

LOL. the employees pay income tax on their salaries. Lowering income taxes

byuwahoo

1/23/20 10:28pm

Salary and Take home pay aren’t the same. You keep trying to change what you are

akmewg

1/23/20 10:38pm

I'm not changing anything. Sorry I'm not explaining it well enough for you

byuwahoo

1/23/20 10:50pm

RE: POLL: Are you opposed to student loan forgiveness for those in public

msbbm760

1/23/20 6:40pm

Impressive. A man of principle.

Backcountry

1/23/20 7:18pm

I'll be eligible for loan forgiveness in several years. But by the time I reach 10 years

Cougarrr

1/23/20 6:40pm

You're right it's not. By the time I'm eligible for loan forgiveness I'll have paid off as much as I borrowed in the

Slim

1/23/20 6:43pm

There is really no point in waiting around and making career decisions for a...

IGlowInTheDark

1/23/20 6:44pm

I stay where I am because I have no way of knowing that life would be better if I left

Slim

1/23/20 6:48pm

<< Deleted >>

cougfanz

1/23/20 6:53pm

If I understand it correctly, this can’t happen. Federal loans are on a 10 year

akmewg

1/23/20 7:35pm

I used to be when I thought I would benefit.

hpcougar

1/23/20 6:57pm

My wife has a pretty well paying "government" job teaching at a university's

dYrtbYkerYder

1/23/20 7:02pm

If you have a job that pays well then you'd typically have your loans paid off after the required 10 years of payments

Slim

1/23/20 7:13pm

My problem is the radiologist that makes $400k per year, but gets her loans

kos

1/23/20 7:50pm

The requirement for 120 payments in an amount dependent on income self selects out the very well paid

Slim

1/23/20 7:53pm

Yeah it's totally misunderstood. People just assume everyone's loans are paid for them.

Cougarrr

1/23/20 7:57pm

<< Deleted >>

cougfanz

1/23/20 8:05pm

I’ve been in the program four years. Based on 100 calls to the Fed

Future_Tacos

1/23/20 8:24pm

Would be really smart, make small payments during residency and save Hundreds of

akmewg

1/23/20 10:01pm

There is an income cutoff.

akmewg

1/23/20 9:59pm

You sound like you have zero idea how the program works...

IGlowInTheDark

1/24/20 1:54pm

I'd only be open to forgiveness of what went to pay tuition, books, or class fee

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