weighing out loan options

Nurses General Nursing

Published

Hey all,

So i got into U of M and I am trying to weigh out my options. They have a program to pay off the tuition in 2 years (33k+).

I know the loan forgiveness programs are something like 4k$/yr, so obviously that would be less desirable. But what about private hospital signing bonuses and loan repayment? Someone was telling me places in the bay area were paying about 20k$/yr towards loans. I would want to work in S. Florida or California.

The other question is; I have 26k$ in loans from my undergrad education. Is there a way I could get that all wrapped up into new loans and get hospitals to pay towards those too? Wishful thinking. I am post-bacc so i think i don't get the good nursing loans.

The VAMC system has really good loan repayment programs...

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