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JennasMom
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Member since 11/05 3463 total posts
Name: does it matter
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Student Loan Forgiveness for Federal Employess
Just an FYI, this was signed off on by the President on 9/27
http://www.washingtonpost.com/wp-dyn/content/article/2007/09/27/AR2007092702299.htm
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Posted 10/19/07 4:06 PM |
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Long Island Weddings
Long Island's Largest Bridal Resource |
BabyAvocado
Happy New Year
Member since 5/05 17334 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
Link's not working...
this should work
Message edited 10/19/2007 4:09:27 PM.
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Posted 10/19/07 4:07 PM |
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JennasMom
?**?
Member since 11/05 3463 total posts
Name: does it matter
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Re: Student Loan Forgiveness for Federal Employess
Thankies
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Posted 10/19/07 4:11 PM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name: D
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Re: Student Loan Forgiveness for Federal Employess
ohh great...my loan is almost paid off...how do you find out if your school is in that tax bracket or high need??
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Posted 10/19/07 4:46 PM |
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GioiaMia
Let's Go Rangers!
Member since 1/07 14818 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
Thank you for sharing i will qualify!
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Posted 10/19/07 4:58 PM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name: D
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Re: Student Loan Forgiveness for Federal Employess
Posted by Tilde
Thank you for sharing i will qualify!
how do you find out?
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Posted 10/19/07 5:03 PM |
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melbalalala
Little Lady
Member since 5/07 5014 total posts
Name: Melissa
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Re: Student Loan Forgiveness for Federal Employess
Hmm.. Im a Federal Employee, for 7 years now...
Im totally confused by all of this "not retroactive". So is this for new people that start?
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Posted 10/19/07 5:31 PM |
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Summer05
LIF Adult
Member since 5/05 2320 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
Posted by melbalalala
Hmm.. Im a Federal Employee, for 7 years now...
Im totally confused by all of this "not retroactive". So is this for new people that start?
I *think* it means that if your loans are already paid off you can not be reimbursed.
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Posted 10/19/07 6:23 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name: Meaghan
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Re: Student Loan Forgiveness for Federal Employess
thats great! im not a federal employee but good for you guys!
they have a similar program already for teachers in low income areas.
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Posted 10/19/07 6:33 PM |
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LightUpOurLife
Totally in love
Member since 8/06 12785 total posts
Name: Bonnie-Jean
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Re: Student Loan Forgiveness for Federal Employess
"The law forgives outstanding education debt for public service employees who have made 10 years of monthly payments on their loans while serving full-time in government, public education or other positions related to public service."
Am I wrong in thinking that unless you have been paying the loan off for ten years, then you are not eligible? Newer loans are not applicable?
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Posted 10/19/07 6:37 PM |
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GioiaMia
Let's Go Rangers!
Member since 1/07 14818 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
Posted by Diane
Posted by Tilde
Thank you for sharing i will qualify!
how do you find out?
I am going to start asking around on Monday bc I am sure they will not go out of their way to tell us
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Posted 10/19/07 6:57 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
That’s discriminatory!
I KID!!!!!!!!!!!!
in all seriousness, that is awesome! what a great incentive for recruiting employees
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Posted 10/19/07 7:08 PM |
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groovypeg
:)
Member since 5/05 2423 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
how do you go about seeing if youi are eligible? do you call the loan company? in my case it is acs-education.com who holds my loan.
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Posted 10/19/07 7:19 PM |
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BigB
C & J are 10!
Member since 6/05 5914 total posts
Name: Stacey
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Re: Student Loan Forgiveness for Federal Employess
Posted by BJandDan
"The law forgives outstanding education debt for public service employees who have made 10 years of monthly payments on their loans while serving full-time in government, public education or other positions related to public service."
Aren't most loans paid off in 10 years? This doesn't make sense or am I just not understanding it correctly!
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Posted 10/19/07 7:30 PM |
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GioiaMia
Let's Go Rangers!
Member since 1/07 14818 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
Posted by BigB
Posted by BJandDan
"The law forgives outstanding education debt for public service employees who have made 10 years of monthly payments on their loans while serving full-time in government, public education or other positions related to public service."
Aren't most loans paid off in 10 years? This doesn't make sense or am I just not understanding it correctly!
i wish! i will be paying off my loans for 30 years and yes that means that you have to be paying them for 10 years SO *hopefully* after paying for ten years I will be able to forget about the rest of my loans ( ( which will probably still be over $20K ) )
Message edited 10/19/2007 7:35:17 PM.
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Posted 10/19/07 7:35 PM |
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GioiaMia
Let's Go Rangers!
Member since 1/07 14818 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
Posted by Diane
Posted by Tilde
Thank you for sharing i will qualify!
how do you find out?
everywhere I look says to talk to HR at work
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Posted 10/19/07 7:37 PM |
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Bxgell2
Perfection
Member since 5/05 16438 total posts
Name: Beth
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Re: Student Loan Forgiveness for Federal Employess
WOOHOO!
One more reason why I my job!
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Posted 10/19/07 7:50 PM |
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GioiaMia
Let's Go Rangers!
Member since 1/07 14818 total posts
Name:
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Re: Student Loan Forgiveness for Federal Employess
Posted by Bxgell2
WOOHOO!
One more reason why I my job!
seriously i ran home and started researching
i have to wait 8 more years and i am not going to "depend" on it really happening but it is nice to have a little light at the end of the tunnel
my job rocks!
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Posted 10/19/07 7:52 PM |
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Bxgell2
Perfection
Member since 5/05 16438 total posts
Name: Beth
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Re: Student Loan Forgiveness for Federal Employess
Posted by Tilde
Posted by Bxgell2
WOOHOO!
One more reason why I my job!
seriously i ran home and started researching
i have to wait 8 more years and i am not going to "depend" on it really happening but it is nice to have a little light at the end of the tunnel
my job rocks!
I have to wait 9.5 more years but hey, it's worth a shot!
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Posted 10/19/07 7:55 PM |
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