dulcatis wrote:I think we can all agree that it's way better than what they had before? XD
Not really. HPIP wasn't terribly generous, but at least it didn't have a long 10-year string attached. The new LRAP isn't any more generous; it only appears so because the federal government is absorbing the rest. For someone who does anything other than 10 continuous years of public interest, the new program is actually worse. If you have to leave federal IBR, UChicago just sits back and watches your loans return to their original balance (plus interest)--unless, of course, you've worked for 5 years, in which case they'll give you a measly $10,000.