No More Loan Forgiveness!! | allnurses

No More Loan Forgiveness!!

  1. 0 Ok not to start a panic or anything but has anyone else heard that the Best In Care program that forgives 20% of loans per year for nurses in Ky is apparently running out of funds. I read in the paper yesterday that people taking out loans after June30th probably won't be able to be a part of the loan forgiveness program. I think it will also affect studnets that currently have loans with the student loan people. This includes students pursuing law and education degrees as well. I think it's terrible that legislators would cut the budget for a program like this. Most of the nursing students that I know have loans through the Best In Care Program because they were counting on that loan forgiveness! What do you guys think? Have you heard any updates?
  2. Visit  Mercy83 profile page

    About Mercy83

    From 'KY'; Joined Mar '07; Posts: 16.

    3 Comments so far...

  3. Visit  BBFRN profile page
    I heard the same thing on NPR last night. If I remember correctly, they will be making an official statement on Monday. Teachers are losing their loan forgiveness, too.
  4. Visit  boxermomRN profile page
    before i even started to pay back my loan, i was contacted by student loan people to consolidate my loans ( would be $20 cheaper if i did) so i jumped at that opportunity. i contacted them by email last week asking about info on loan forgiveness because i couldn't find any info on the web site. i was told because i consolidated the loans after october 2007, ther is no longer any loan or interest forgiveness. i was not told this when i decided to consolidate. considering that the forgiveness part was the deciding factor for me getting the loans in the first place-------
    this bites!!!!
  5. Visit  Mercy83 profile page
    Wow. Ya i think it's terrible. I'd be freaking out about it now if it weren't for prayer.....besides I'm already stressed enough. No point in getting upset over something I can't control. So is it Beshears budget that has caused me to lose my loan forgiveness?

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