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Student Loan Forgiveness for Federal Employess

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JennasMom
?**?

Member since 11/05

3463 total posts

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does it matter

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

Posted 10/19/07 4:06 PM
 
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BabyAvocado
Happy New Year

Member since 5/05

17334 total posts

Name:

Re: Student Loan Forgiveness for Federal Employess

Link's not working...

this should work

Message edited 10/19/2007 4:09:27 PM.

Posted 10/19/07 4:07 PM
 

JennasMom
?**?

Member since 11/05

3463 total posts

Name:
does it matter

Re: Student Loan Forgiveness for Federal Employess

ThankiesChat Icon

Posted 10/19/07 4:11 PM
 

Diane
Hope is Contagious....catch it

Member since 5/05

30683 total posts

Name:
D

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??

Posted 10/19/07 4:46 PM
 

GioiaMia
Let's Go Rangers!

Member since 1/07

14818 total posts

Name:

Re: Student Loan Forgiveness for Federal Employess

Thank you for sharing
Chat Icon i will qualify!

Posted 10/19/07 4:58 PM
 

Diane
Hope is Contagious....catch it

Member since 5/05

30683 total posts

Name:
D

Re: Student Loan Forgiveness for Federal Employess

Posted by Tilde

Thank you for sharing
Chat Icon i will qualify!



how do you find out?

Posted 10/19/07 5:03 PM
 

melbalalala
Little Lady

Member since 5/07

5014 total posts

Name:
Melissa

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?

Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 10/19/07 5:31 PM
 

Summer05
LIF Adult

Member since 5/05

2320 total posts

Name:

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?

Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon



I *think* it means that if your loans are already paid off you can not be reimbursed.

Posted 10/19/07 6:23 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

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.

Posted 10/19/07 6:33 PM
 

LightUpOurLife
Totally in love

Member since 8/06

12785 total posts

Name:
Bonnie-Jean

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?

Posted 10/19/07 6:37 PM
 

GioiaMia
Let's Go Rangers!

Member since 1/07

14818 total posts

Name:

Re: Student Loan Forgiveness for Federal Employess

Posted by Diane

Posted by Tilde

Thank you for sharing
Chat Icon 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 Chat Icon

Posted 10/19/07 6:57 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Student Loan Forgiveness for Federal Employess

That’s discriminatory! Chat Icon








































I KID!!!!!!!!!!!! Chat Icon

in all seriousness, that is awesome! what a great incentive for recruiting employees

Posted 10/19/07 7:08 PM
 

groovypeg
:)

Member since 5/05

2423 total posts

Name:

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.

Posted 10/19/07 7:19 PM
 

BigB
C & J are 10!

Member since 6/05

5914 total posts

Name:
Stacey

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!

Posted 10/19/07 7:30 PM
 

GioiaMia
Let's Go Rangers!

Member since 1/07

14818 total posts

Name:

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.

Posted 10/19/07 7:35 PM
 

GioiaMia
Let's Go Rangers!

Member since 1/07

14818 total posts

Name:

Re: Student Loan Forgiveness for Federal Employess

Posted by Diane

Posted by Tilde

Thank you for sharing
Chat Icon i will qualify!



how do you find out?



everywhere I look says to talk to HR at work

Posted 10/19/07 7:37 PM
 

Bxgell2
Perfection

Member since 5/05

16438 total posts

Name:
Beth

Re: Student Loan Forgiveness for Federal Employess

WOOHOO!

One more reason why I Chat Icon my job!

Posted 10/19/07 7:50 PM
 

GioiaMia
Let's Go Rangers!

Member since 1/07

14818 total posts

Name:

Re: Student Loan Forgiveness for Federal Employess

Posted by Bxgell2

WOOHOO!

One more reason why I Chat Icon 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!

Posted 10/19/07 7:52 PM
 

Bxgell2
Perfection

Member since 5/05

16438 total posts

Name:
Beth

Re: Student Loan Forgiveness for Federal Employess

Posted by Tilde

Posted by Bxgell2

WOOHOO!

One more reason why I Chat Icon 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 Chat Icon but hey, it's worth a shot! Chat Icon

Posted 10/19/07 7:55 PM
 
 

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