whitman wrote:coug11 wrote:I'm deciding between Vandy and GULC right now... Since I'm planning on government work after, and GULC's LRAP is MUCH better than Vandy's, GULC definitely has the $$$ advantage right now. I would consider Duke, too, if I get off their PR List.
Really? What are the differences?
At Vandy, they will forgive 100% of your loans as long as you are making under $45K for 10 years, then it gradually increases the amount that you have to pay. At GULC, they will forgive 100% of your loans as long as you make under $75K for 10 years (which almost anyone in government or public interest will) and then it goes up gradually after that. Since the median starting salary for government jobs is $45K (from what I read), Vandy will only be forgiving 1st year's loans, while GULC will forgive 100% of loans at the school.
If it makes a difference, Duke's LRAP is at $60K, I believe.