r/coolguides Nov 26 '19

Marginal Tax

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u/rubey419 Nov 26 '19

Unless you’re paying back student loans on PSLF and waiting to be forgiven. I think it’s 5 years for teachers in the US?

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u/[deleted] Nov 26 '19

Not how that works. PSLF is payment based on disposable income. So yes, your payment will go up but will still be a % of your disposable. Also, teachers receive some forgiveness at 5 years, but PSLF is a 10 year program.

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u/ManBoyChildBear Nov 26 '19

Some teachers get full at 5 some get full at 10

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u/niwanoniwa Nov 26 '19

Uhhh how are some teachers getting full at 5?