Related Posts
Moving to atl- what are typical 1x1 rent prices?
I was just offered a CUNY role. The title is Higher Education Assistant. According to Glassdoor, the average annual pay for that role is $83,418. However, I was offered $62,500. I requested for the minimum annual salary to be 75k. Does anyone have experience navigating the CUNY system and their pay?
More Posts
I had an interview with Cognizant and then got an email from HR to fill in CIS form and also along with to send all the documents. After i send all those details i got an email saying the position went on hold and to wait until they revert.
Any idea that how much time it would take for the position to be released? They did not respond when i asked the same question.
Cognizant
Larsen & Toubro Infotech Is it good time to join Cognizant now for Coimbatore location considering too much attrition in recent times along with many policy changes and do they have enough projects or will there be any chance of layoffs if we don't find any projects for our skill(Tableau in my case)? I have another offer with LTI, Coimbatore for same salary but i prefer CTS more than LNT. Cognizant Larsen & Toubro Infotech
What is CBO TTH drive recruitment in TCS?
Additional Posts in Government Lawyers
New to Fishbowl?
unlock all discussions on Fishbowl.




F
F
And struggling with $
Means “following”
There are 3 main things to consider, and only you can decide how to weigh the three:
1. The financial breakeven as a function of time. There longer you sit in PSLF, the more you haven’t been paying down your loans. So the value of PSLF compared to paying them off increases as you approach 10 years. Which means the salary increase you would need to break even if you were to move from a PSLF to a non-PSLF job gets larger the longer you stay on the PSLF track. Use a loan calculator and make some reasonable PSLF and non-PSLF salary assumptions, project out over the next 7 years, and compare.
3. The work-life balance. PSLF-eligible roles are often (but not always) better lifestyle roles than firms. I never got along with billables, but you may have a better relationship with them. You have to decide how much that’s worth to you.
3. The risk that PSLF isn’t meaningfully viable in 7 years. The first borrowers were eligible for loan forgiveness under PSLF starting in 2018. There are plenty of stories from eligible borrowers who ran into dead ends at DEd between 2018 and 2020. Lots of slow rolling forgiveness applications, failures to respond, etc. At one point there was a proposal to means test borrowers who were already eligible by statute, with the goal of only forgiving a portion rather than everything. The current administration has been processing forgiveness in a more timely way from what I’ve seen, but there’s no guarantee that a future administration will do the same.
Thank you for your input !