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Loan Forgiveness

School   (1,218 Views 5 Comments)
by SnugglePuggle SnugglePuggle (Member) Member Nurse

SnugglePuggle has 4 years experience .

2,517 Profile Views; 167 Posts

I was just curious how many of you working for a public school district are working towards Public Service Loan Forgiveness?

I am ~48K in debt - 20 months of accelerated nursing education at a private University will do that to ya! One perk of my school nursing career is the potential that my Federal loan will be forgiven after a total of 10 years and 120 payments. Luckily, since I make squat, my payment plan is income based and my monthly payments are low. Shining light at the end of the tunnel!

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SassyTachyRN has 4 years experience and specializes in Peds, Oncology.

408 Posts; 6,448 Profile Views

I briefly looked into this, but didn't get too far into it. I wasn't sure if public schools would qualify or not. I'm also doing income based repayment because if I didn't, they wanted about 30% of my take home pay every month for my loan payments. I feel like I'll forever be drowning in these loans.

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JenTheSchoolRN is a BSN, RN and specializes in School nursing.

2,536 Posts; 23,918 Profile Views

i am! I owe way too much so it will be a great deal. 9 more years to go...

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IceQueenBandaidPrincess has 6 years experience.

18 Posts; 1,216 Profile Views

Omgoodnes...I did not even know this was an option. Is there any way I can get more information from you all? Where do you start?

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