131 | The Risks of Pursuing PSLF

In this episode, the risks surrounding the Public Service Loan Forgiveness (PSLF) program are reviewed. PSLF was established to incentivize individuals to pursue careers in public service by offering loan forgiveness after 10 years of qualifying payments. However, scrutiny has highlighted the various challenges and uncertainties that borrowers often face along the way.

From eligibility criteria to bureaucratic hurdles, the road to PSLF can be fraught with obstacles, leaving many borrowers disillusioned and disheartened. This episode explores the drawbacks and challenges inherent in relying on PSLF as a pathway to debt relief. While PSLF may offer benefits for some, its limitations and uncertainties should not be ignored.

 

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