What Are Public Service Loan Forgiveness Programs?
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 3 October 2018
⏱️ 9 minutes
🧾️ Download transcript
Summary
Learn about public service loan forgiveness programs and what you need to do to qualify.
Less than 1% of people are qualifying for these programs. Learn what you need to qualify and how one woman had $50,000 of debt forgiven using them.
The article is here: https://www.cnbc.com/2018/10/02/tips-from-one-of-the-first-public-servants-to-get-their-student-loans-erased.html
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Transcript
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| 0:00.0 | Be Wealthy and Smart, episode 465. |
| 0:02.8 | I'm gonna live no rich life. |
| 0:06.8 | Rich life. |
| 0:07.8 | All the best life. |
| 0:10.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of faith I'm gonna live a good life I'm gonna live a good life |
| 0:21.0 | beautiful and glorious like Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.2 | be wealthy and Smart. |
| 0:33.9 | And now here's your host, Linda P. Jones. |
| 0:37.8 | Welcome to Be Wealthy and Smart. |
| 0:39.2 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:41.9 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.0 | On today's show, we're going to talk about something that I actually didn't even know |
| 0:50.0 | existed until I saw this article on cnB.com. Written by Annie Nova. She talks about something called |
| 0:57.7 | Public Service Loan Forgiveness Programs. And so I wanted to share this article with you because it really caught my eye that a woman had $50,000 of her debt erased. |
| 1:11.0 | And again, I was not familiar with this whole program, and I thought, |
| 1:15.0 | I was not familiar with this whole program, and I thought, well, maybe you're not either, |
| 1:16.0 | and it might benefit some listeners. |
| 1:18.0 | So we're going to talk about these public service loan forgiveness programs and how a woman was able to get $50,000 in student |
| 1:27.5 | loans erased and a little bit of advice from her. |
| 1:31.6 | So the bullet points are less than 1% of people who applied to have their |
| 1:35.6 | student debt canceled under the popular public service loan forgiveness |
... |
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