It's too late now for me to benefit from this, but something else just changed: the heath care reform bill that President Obama just signed included federal student loan reform too
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I read about that. Wish I had more of the details.
Do you think there's any chance that existing loans can be or will be transferred to the government run thingy?
"Student loan payments will be capped at 10 percent of discretionary income. Any remaining balance after 20 years is forgiven outright. Go into public service after graduation, and you can have your loans forgiven after 10 years."
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Do you think there's any chance that existing loans can be or will be transferred to the government run thingy?
"Student loan payments will be capped at 10 percent of discretionary income. Any remaining balance after 20 years is forgiven outright. Go into public service after graduation, and you can have your loans forgiven after 10 years."
Do you think that can apply to existing loans?
In any case it's a good thing. I'm glad.
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