Will PSLF be around in 10 years?
Hi everyone,
I recently graduated and have roughly $222k debt total, all federal loans. I also recently got hired at a PSLF qualifying organization (a non-profit hospital). Looking into PSLF, I found that many people suggest doing the PAYE/ICR plan to have the most affordable monthly payments possible since it will be forgiven in 10 years anyway. This sounds too good to be true to me. With the way the government is nowadays, I can't help but fear that 120 payments later, I'll apply for PSLF and get denied or it simply won't exsist anymore. Any thoughts on these concerns? I really don't want to sell a kidney.