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Thread: I may be done with this field of work

  1. #41
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    Quote Originally Posted by iris lilies View Post
    Can you defer them forever?
    Not really as far as I can tell. They are not included in a bankruptcy for example so sooner or later you just have to pay them,

  2. #42
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by Zoe Girl View Post
    Not really as far as I can tell. They are not included in a bankruptcy for example so sooner or later you just have to pay them,
    I know, but didnt know if jeppy understands that. You dont want to be a little old lady in Social Security having to pay off student loans.

  3. #43
    Senior Member JaneV2.0's Avatar
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    Quote Originally Posted by iris lilies View Post
    I know, but didnt know if jeppy understands that. You dont want to be a little old lady in Social Security having to pay off student loans.
    Shouldn't they be nearly paid off by now, with the type of employment ZG has?
    Talk about indentured servitude!

  4. #44
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    I think that loan forgiveness period is 10 years at the qualifying job. That's a long time at one job.

  5. #45
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by JaneV2.0 View Post
    Shouldn't they be nearly paid off by now, with the type of employment ZG has?
    Talk about indentured servitude!
    I dont know, are they? Perhaps the OP will give us a status report.

  6. #46
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    It is 10 years of being on a qualifying plan, turning in forgiveness paperwork, and paying on time for the entire 10 years. So I had 3 years in the program when my payments went from $30 a month to $250 (without a big raise to make it possible!). So I want to get back on the program but waited to see if it was going to be eliminated like other things with the new admin. They seem to have lost interest in cancelling the program however, so I am going to get back on it.

    And you can change jobs as long as you are full time in public service.

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