u/Hot_Device_4305

▲ 1 r/PSLF

Worth taking out Grad Plus Loans?

I currently have 38k in federal loans from undergrad. I anticipate that by the time I graduate from grad school I will have about 65k in loans. I'm debating whether or not to apply for a Grad Plus Loan for summer classes that cost around $5200 (so 70k in loans if I don't pay for summer classes out of pocket). I was originally planning to pay for this out of pocket, but as I'm going to be working in a public school for the unforeseeable future after I graduate I am wondering if I should just get the Grad Plus loan so that it can be added to the amount forgiven by PSLF. What would you do? With the current administration I find myself hesitant about taking out more loans, as I have no idea what to expect with loan forgiveness in the future.

Note: I will also have roughly 20k in private loans from undergrad that will need to be paid off as well.

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u/Hot_Device_4305 — 9 days ago