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PSLF Caution! PSLF appears to be failing 99% of applicants!

Home Student Loan Management PSLF Caution! PSLF appears to be failing 99% of applicants!

  • Avatar StarTrekDoc 
    Participant
    Status: Physician
    Posts: 2055
    Joined: 01/15/2017
    Splash Refinancing Bonus

    Good NYT article and shows the balance.   It certainly is alarmist to wave the white flag and deep six the PSLF program.   It’s really hard to spin a 99.3% rejection rate.  Even diving into the weeds and culling out the <10 years for all reasons, the rejection rate is alarmingly high — no way to massage that let down.

    Even if this were a $1,000 program –it’s still $1,000.   I’m fairly confident that anyone here was expecting a $1,000 reimbursement that failed to materialize as promised would not be very happy about it — and most of folk in this forum are way above the average Joe.

    Totally hope to see improvements over the coming years.  The first stab at it TEPSLF hasn’t fared well either — hence the high visibility.  So the Dept of Education has taken two bites of the apple now.

    #244260 Reply
    legobikes legobikes 
    Participant
    Status: Physician
    Posts: 293
    Joined: 05/25/2017
    #244265 Reply
    Liked by StarTrekDoc

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