Quote:
Originally Posted by looooob
I'm down visiting a friend in the US right now who has just completed her requirements to qualify under this program (10 years) and I know she basically wept and thought it was some sort of hoax that there was an actually a zero next to her balance owed..the amount she owed makes me nervous to even think about- they are still awaiting her husband's notification as he was in the same scenario
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That's awesome to hear looooob. I can imagine the balances as I've seen many from cohorts who have been in the same program. Good to see this worked for them and I hope they celebrated with family and friends who were all part of their support team going through the last decade!
It's funny, but the vast majority of people out there don't understand the value of the PSLF program or the positive effect it has had on services to the public. You now have people that should be running private companies sticking it out in government or non-profits and making those interests that much better, which in turn makes the life of those constituents much better. I was never a George Bush fan, but PSLF was a freakin' brilliant concept and it has really paid off for the public. It is too bad that these success stories are promoted and the value proposition shown to the public. To get the best people you have to have benefits that can attract the best people. PSLF is a fantastic recruitment and retention tool that really levels the playing field in many regards. Government/non-profit has traditionally been a training ground to raid for skilled talent that you can get at a discount. PSLF has changed that. A very tough benefit to walk away from.