AvidIndoorsman
Well-known member
- Joined
- Dec 9, 2015
- Messages
- 18,249
I think 10 years is too long. No matter the time frame I would require that the person be in good standing with their student loan debt and be working towards payoff. I don’t want people to take out loans and keep putting them on deferral because they know if they work for X time for the agency they will have their loans paid off.
For PSLF you don’t get credit if they are in forbearance, and with any student loan you have a finite amount of time they can be in forbearance.
I always thought 10% a year made more sense.