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I think you might feel differently if you'd actually read the documentation as it existed 8 years ago (I've not looked at this in years). Or talked with custom
by nmcfarl 8y ago
I think you might feel differently if you'd actually read the documentation as it existed 8 years ago (I've not looked at this in years).
Or talked with customer support agents for the program that who told my wife that a formal loan forgiveness application was not required, and would be a waste of time. Just meet the criteria and apply when your 10 years were up.
But what those criteria were was not described clearly enough to make 10 year plans on. And the general confusion was so massive, the program so obviously a shambles, that we decided there was little chance that the program would survive, and passed on it.
- Alupis 8y agoSorry to hear that. The point still stands, however. For a program as controversial as this (loan forgiveness in general, that is), it's amazing there's any program at all. Those wishing to be granted forgiveness have a clear list of requirements they need to meet in order to be considered - yet the article wants me to be outraged at the current administration because so few people that applied bothered to even read the requirements.
- germinalphrase 8y agoI think the point is that requirements are/were explicitly unclear and that otherwise minor deviations (like a payment being received on Monday rather than Friday) are used as justifications to make people - who have made financial and career sacrifices based on the expectation of loan forgiveness - ineligible.