Re: Something to keep an eye on
Originally Posted by
ribshaw
However, there is the Public Service Loan Forgiveness (PSLF) program.
https://studentaid.ed.gov/repay-loan...public-service;
On January 31, 2012, the U.S. Department of Education (ED) released an Employment Certification Package to help borrowers track their progress toward qualifying for PSLF.
You can do this yourself for free.
And there are employment restrictions.
This just hit the wires a few hours ago.
Senator Durbin Introduces Bill To Expand Student Loan Forgiveness Program to Adjunct Professors
WASHINGTON, D.C.--(ENEWSPF)--July 31, 2014.
As the reliance on part-time faculty grows at colleges and universities across the country, U.S. Senator Dick Durbin (D-IL) introduced legislation that would allow part-time faculty – who are often paid low wages with few benefits – to be eligible to participate in the federal student loan forgiveness program for public servants. In Illinois, more than half of all faculty at public and non-profit colleges and universities work on a part-time basis, which often makes them ineligible for most benefits, including participation in the Public Service Loan Forgiveness Program.
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The Public Service Loan Forgiveness program is designed to encourage graduates to seek careers in public service by offering student loan forgiveness for eligible federal loans after making 120 qualifying payments while working in government service or the non-profit sector. Graduates with jobs in fields like nursing, military service, and public health qualify for the program. Although many educators may also qualify – including full-time faculty at public universities and some part-time faculty at community colleges – other faculty members who only work part-time are not eligible for the program.
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(click link for full article)
Ignorance more frequently begets confidence than does knowledge: it is those who know little, and not those who know much, who so positively assert that this or that problem will never be solved by science. -C. Darwin
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