Advice on PSLF
hello everyone,
I’m just starting pharmacy school and trying to decide how much tuition to pay out of pocket vs. using federal student loans (will graduate in 4 years + may do 2 years residency)
I’ve recently learned about PSLF and it honestly sounds almost too good to be true. I know people in my class who are planning on paying little or nothing out of pocket for school since they are planning to pursue PSLF after graduation.
We also live in an area with a lot of nonprofit hospital systems and other PSLF-qualifying healthcare employers so finding qualifying employment after graduation seems pretty realistic. I’ve also always wanted to work as a hospital pharmacist so this seems like a win-win situation.
I still don’t know much about it so for those who have
pursued PSLF:
- Did PSLF affect how much you borrowed for school?
- Do you regret paying a lot out of pocket instead of keeping your savings and borrowing?
- is it risky to borrow more because you
want to do
- PSLF? (I’m not talking about borrowing extra just to spend it. I mean using federal loans for legitimate school costs rather than draining savings to pay tuition).
- What do you wish you knew before borrowing?
Any pros/cons…
And just any advice please …
Thank you