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Loan Forgiveness Program

Posted: Mon Jun 07, 2010 12:04 pm
by LoyolaLaw2012
How many people will take advantage of the Federal Government's program? Is anyone currently working toward this goal?

Re: Loan Forgiveness Program

Posted: Mon Jun 07, 2010 10:53 pm
by Scallywaggums
LoyolaLaw2012 wrote:How many people will take advantage of the Federal Government's program? Is anyone currently working toward this goal?
Is this for public servants only? By "goal" you suggest it's not simply a matter of checking off your job, salary, and monthly payments to arrive at an auto-accept with an auto-quantity of reduction to your monthly payment. Do you know what the deal is?

It's so much more fun to learn by asking people on a forum than just looking something up. :D

Re: Loan Forgiveness Program

Posted: Mon Jun 07, 2010 10:57 pm
by thesealocust
never mind

Re: Loan Forgiveness Program

Posted: Mon Jun 07, 2010 11:00 pm
by Scallywaggums
thesealocust wrote:
http://www.ibrinfo.org/
Video with cartoon gremlin on the still frame is the perfect method of learning when sleepy.

Re: Loan Forgiveness Program

Posted: Tue Jun 08, 2010 12:06 am
by ScaredWorkedBored
Short version: Not designed for nor worth it for people unhappy with their private sector salary.

Long version: The IBR regs and the applicable US tax code provisions.