PSLF question

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.

pseud0

Full Member
7+ Year Member
Joined
Feb 11, 2016
Messages
606
Reaction score
864
I'm going into first year medical school now and i'm thinking about eventually getting involved with using PSLF.

but it just seems a bit strange to me for the following reason:

what's to prevent a student from taking the absolute maximum amount in loans (both regular unsubbed loans and gradplus loans) over the 4 years even though its not necessary for their living expenses...working in a 501c3 for 10 years while making minimum monthly payments and net a huge amount (haven't calculated it but it would be based on how much over your yearly needs the loan goes) in forgiven tax free cash that's been sitting in a savings account and/or commodities/equities?

Members don't see this ad.
 
Top