Getting PSLF

Shawn owed $70k when he graduated.  He was excited when he got a job at a non-profit because he could qualify for public service loan forgiveness.

What Is PSLF?

Public service loan forgiveness (PSLF for short) means you qualify to have student loans forgiven after 10 years of working for a non-profit

Saving Money

A financial planner that knew little about student loans told Shawn he should go on PSLF because he'd save money by getting his loans forgiven.

Wasted Time

Shawn spent four years on PSLF.  Then he told a co-worker his situation. The co-worker told him he thought he made the wrong choice.

The Co-Worker

Shawn's coworker was told to use PSLF also.  However, he used FitBUX's PSLF calculator and realized it would actually cost him money over 10 years relative to paying it off.

Shawn Got Help

Shawn used FitBUX's PSLF calculator and scheduled a call with a Coach.  He realized that he'd actually pay off is loans before 10 years!  Therefore, PSLF saved him nothing.

The Right Strategy

Shawn switched and started paying off his loans aggressively.  This ended up saving him $1,000s in the long run.

Swipe up to learn more about the PSLF calculator Shawn used to help him with PSLF!