NeuroParticipantStatus: PhysicianPosts: 49Joined: 01/08/2016
In addition to cuts to healthcare, SS and Medicare, this also targets PSLF.
Page 32March 12, 2019 at 7:47 am MST #197783
“All student loan proposals would apply to loans originating on or after July 1, 2020, except those provided to borrowers to finish their current course of study.”
also can we vomit at the title of that budget?March 12, 2019 at 7:56 am MST #197787Mantis TobogganParticipantStatus: PhysicianPosts: 7Joined: 02/10/2017March 12, 2019 at 8:03 am MST #197790NeuroParticipantStatus: PhysicianPosts: 49Joined: 01/08/2016
Peds – If they really think this through, it could be made better.
Regarding the title – ugh!
All that being said – someone needs to address the elephant in the room. The education costs are just unbelievable. Talking to our pharmacist this morning and she was telling about how she its affecting pharmacy students.March 12, 2019 at 8:09 am MST #197794JBMEParticipantStatus: SpousePosts: 417Joined: 03/26/2018
just an FYI not in the history of this country has the budget coming out of the WH ended up being approved as written by the House and the Senate and then signed as the president. Hasn’t even happened when one country controls all 3 houses. With a different party controlling the house, this absolutely won’t happen as the WH has communicated and written itFunkDoc83ParticipantStatus: PhysicianPosts: 178Joined: 04/12/2018
So they would stop forgiving student loans or put a max on it? Guess the existing medical students would have to follow WCI advice and live like a resident for a while to pay off the loans just like a lot of us have done.KambanParticipantStatus: PhysicianPosts: 2203Joined: 08/01/2016
I read somewhere that PSLF will increase payments from 10 to 12% and the forgiveness occurs after 15 years for undergrad debt and 30 years for grad debt.
Somewhere the education costs have to be curtailed. This will make people think twice about taking outrageous loans and then hoping someone else will take care of it or it is forgiven.SwanSongParticipantStatus: PhysicianPosts: 74Joined: 10/22/2016
Cutting access to federal loans and grants (or NIH funding) to universities who increase their tuition and fees beyond inflation would help slow the rate of this nonsensical spiraling costs. PSLF is nice, but my alma mater spent my entire tuition in tulips, I promise you.