Under the new plan (retroactively available to old borrowers), it's only 20 years not 30. And Even if they don't fix the tax penalty, there's an insolvency exc

Under the new plan (retroactively available to old borrowers), it's only 20 years not 30. And Even if they don't fix the tax penalty, there's an insolvency exception. You're only taxed on the amount forgiven above insolvency. If you manage to go 20 years without paying it's likely you have far more liabilities than assets so you probably won't pay any tax penalty.