WITAXLADY Posted October 23, 2013 Report Share Posted October 23, 2013 Client was in last night and said a new program allows her friend to pay x amount per month - less than what she was paying! and in 10 years all is complete and the rest forgiven. (He was upset as his wife paid all hers in cash over 8 years! ) So I have another client who owes $90,000 on his sons education (plus his son owes $$'s also) and they want $1100 per month from him. He has everything mortgaged, equity line, 2 vehicle loans and cannot afford the $1100. Student Loan place said file mfs and you only pay $250 per month. Well then he pays more in taxes each year. 1 - Have any of you heard of this recent law change? 2 - Do you have any other options for him to get his payments lowered? Thank you, D Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted October 23, 2013 Report Share Posted October 23, 2013 http://studentaid.ed.gov/repay-loans/forgiveness-cancellation/charts/public-service Quote Link to comment Share on other sites More sharing options...
Guest Taxed Posted October 23, 2013 Report Share Posted October 23, 2013 POTUS has been promoting this since it was introduced. Quote Link to comment Share on other sites More sharing options...
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