General Discussion

GB_RN

(3,562 posts)

20. Sounds Like She Was In The PSLF Program...

Wed Aug 24, 2022, 08:10 AM

Aug 2022

Public Service for Loan Forgiveness. 10 years of qualified payments while working for a non-profit or government agency, and all remaining debt is forgiven. Under Dolt45, very few applications were approved for the program and fewer still had their debt removed once they had completed their payment requirements.

The 10 (or whatever number) years of payments could be retroactivity credited to your balance of 120 payments if you were already making payments at the time you applied for the program, as long as you had documentation that you had been working for a qualifying agency.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

88 replies

= new reply since forum marked as read

Highlight:

Check your student loan balance. President Biden Paid off my daughters Student loan last night. [View all] pwb Aug 2022 OP

People should not be burdened with a lifetime of debt just to be educated. Hermit-The-Prog Aug 2022 #1

Yep. Hugin Aug 2022 #3

Especially a teacher for near poverty wages. alphafemale Aug 2022 #12

I have family members who are teachers in Kentucky! Hermit-The-Prog Aug 2022 #13

And it isn't just the cost of people's education, PatSeg Aug 2022 #31

That ought to cement some life long DEM votes! vanlassie Aug 2022 #2

I checked my sons. No difference. boston bean Aug 2022 #4

He has not even announced anything yet, I do not see how balances owed could Celerity Aug 2022 #6

He is suppossed to announce it today. So it could not have taken effect yet JohnSJ Aug 2022 #8

Yes, exactly. Very interested to see what he decides. Surely he also keeps the repayment Celerity Aug 2022 #15

I agree Celerity JohnSJ Aug 2022 #18

Yeah, I've not seen this from anyone Sympthsical Aug 2022 #52

She works for the Veterans Administration. pwb Aug 2022 #11

Nothing here either littleredhen Aug 2022 #40

I went to a branch campus of Penn State gab13by13 Aug 2022 #5

and with the upcoming midterms just a couple months away, instead of being appreciative, some JohnSJ Aug 2022 #7

My Daughter works for the V A pwb Aug 2022 #14

Excellent. My Daughter has about 3K left on her loan, that will help JohnSJ Aug 2022 #16

I don't really understand the rules to this tavernier Aug 2022 #9

The income limit is $125,000. I am not sure if the payment is considered income? pwb Aug 2022 #19

Debt forgiveness is typically taxed as income by the IRS DetroitLegalBeagle Aug 2022 #38

What year is the income based on? fescuerescue Aug 2022 #55

This message was self-deleted by its author Leftofthefairway25 Aug 2022 #10

How? It hasn't even been implemented yet obamanut2012 Aug 2022 #17

Sounds Like She Was In The PSLF Program... GB_RN Aug 2022 #20

No she was in the regular loan program. pwb Aug 2022 #21

No. PSLF Was Created Under Obama. GB_RN Aug 2022 #27

I thought you said it started under 45? pwb Aug 2022 #28

Not At All. GB_RN Aug 2022 #36

Even as a person oswaldactedalone Aug 2022 #24

Yeah, I think you're right Farmer-Rick Aug 2022 #25

This is not been implemented??? How did that happen for your family USALiberal Aug 2022 #22

All I can think is Federal Employees were to be presently surprised pwb Aug 2022 #26

I'm over $165k in debt AntivaxHunters Aug 2022 #23

It would be great if they changed the law... viva la Aug 2022 #29

You know who's responsible for that right? AntivaxHunters Aug 2022 #30

Yeah, they are giving forgiveness to 100% disabled students Farmer-Rick Aug 2022 #32

Well said AntivaxHunters Aug 2022 #37

Student loans were fine in the 1970s - 1980s lostnfound Aug 2022 #88

I will still have student loan debt after the $10k forgiveness... W_HAMILTON Aug 2022 #62

This doesn't make sense AntivaxHunters Aug 2022 #63

It does make sense when you go back and read your very self-centered message. W_HAMILTON Aug 2022 #66

You owe $10,000 less. BannonsLiver Aug 2022 #65

are these just federal loans and do people have to apply? samnsara Aug 2022 #33

Yeah, for now it only affects federal programs Farmer-Rick Aug 2022 #35

My son still has the same number of years on his ROTC military commitment! The Jungle 1 Aug 2022 #34

Good point. Smarter kid too I would say. He'll get more in his future. oldsoftie Aug 2022 #44

I am not against the idea of lowering the cost of school. The Jungle 1 Aug 2022 #51

K&R spanone Aug 2022 #39

OMG!!!! Take THAT, GQP!!! Let's see that approval rating jump! lindysalsagal Aug 2022 #41

Don't alert on me but I'm not for this Groundhawg Aug 2022 #42

I never alert on people. pwb Aug 2022 #43

No, it's NOT right at all. Make better choices before going into debt. oldsoftie Aug 2022 #45

In my state, state funding for higher education dwindled over time, directed primarily to k-12. Pobeka Aug 2022 #53

Ya let's keep exploiting people for getting an education! AntivaxHunters Aug 2022 #56

lots of companies look for people with a college degree MissB Aug 2022 #74

Thank you MissB! AllyCat Aug 2022 #84

People should suffer because you did AntivaxHunters Aug 2022 #54

Also starting on second base and thinking you hit a double Sympthsical Aug 2022 #59

That is one of my points. WHY is no one ever holding these admins up for scrutiny? oldsoftie Aug 2022 #68

State schools are expensive too. MissB Aug 2022 #76

Great you were able to pay your kids student loans samplegirl Aug 2022 #58

I have four nieces and nephews who lost their father suddenly Sympthsical Aug 2022 #60

I am not for it either--and my son does benefit from it. Wingus Dingus Aug 2022 #70

Not going to alert on you. AllyCat Aug 2022 #83

awesome! I love happy endings! Evolve Dammit Aug 2022 #46

Awesome! n/t Upthevibe Aug 2022 #47

The American taxpayer paid off your daughter's student loan. Jack the Greater Aug 2022 #48

Taxpayers don't make things happen. pwb Aug 2022 #61

The American taxpayer pays for a shedload of the things you and everyone else uses to live in the US Celerity Aug 2022 #64

Yes. Including people who never went to college and don't benefit at all Wingus Dingus Aug 2022 #67

we all benefit in some way MissB Aug 2022 #72

This doesn't help build an educated populace. It's a cash giveaway before an election. Wingus Dingus Aug 2022 #73

College helps build an educated populace MissB Aug 2022 #75

Carefully targeted cash handout to the younger demographic, with the hope they will vote Wingus Dingus Aug 2022 #77

I'm in my 50s. I still owe on a nursing degree AllyCat Aug 2022 #87

My tax money well spent. AllyCat Aug 2022 #86

This is fantastic news Hekate Aug 2022 #49

if it wasnt for the board of governors fee waiver , i wouldnt have been able to goto s AllaN01Bear Aug 2022 #50

Wonderful samplegirl Aug 2022 #57

The Democratic party cares. sarcasmo Aug 2022 #69

I paid back every cent of my student loans (took the max federal student loan amount) MissB Aug 2022 #71

The NelNet site seems to be overloaded at the moment Shrek Aug 2022 #78

I checked my balance an hour prior to announcement. No change. Nt helpisontheway Aug 2022 #81

happy tears Trueblue1968 Aug 2022 #79

Yeah Happy tears pwb Aug 2022 #80

studentloan.gov show my account current as of ***2014*** eppur_se_muova Aug 2022 #82

It's a nice gesture madville Aug 2022 #85