Ask Terry Questions refinancing parent plus loans and definition of public sector

refinancing parent plus loans and definition of public sector

By Terry Savage on December 13, 2023 | College Savings / Student Loans

Hi Terry – heard you on WGN today – thank God I was listening! I have worked for 17 years as a respiratory therapist in non-profit hospitals (Lurie’s, Rush, Froedtert) and paid student loans for this career for 15 years, finally paying them in full in 2022. Does working in non-profit hospitals count as public sector? I don’t want to miss any opportunities. thanks

Terry Says

OK, here’s some sad news. This program does not offer forgiveness of previously paid loans. It only deals with outstanding current loan balances!

If I read your question correctly, this program does not apply to you. But please write back if I made an incorrect assumption.

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