Federal Loan Repayment Programs Forum

[lawschooliseasy]

Why do people not typically discuss the usefulness of federal loan repayment programs when discussing the financial value of attending different schools? For example: you attend Cornell without any assistance and rack up over $200,000 in loans. Assuming that these loans are all federal, worst case they will be forgiven in 10 years (if working in public service) or 25 years (if working in another capacity). Over the life of the loan you will be forced to make payments that are steep, but graduated according to your income level. I'm not advocating excessive debt, just wondering why federal LRAP isn't mentioned more frequently.

http://studentaid.ed.gov/PORTALSWebApp/ ... paying.jsp

[Teoeo]

I see it mentioned all the time.... IBR ftw