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    student loans/ch13/federal jobs

    I am wondering if it is true that if I land a federal job they will pay my student loan debt back so much a year? Everything I read says they will. I had an interview at a local VA hospital a few weeks ago. Am I simply dreaming? And I am in the midst of a ch13 which I can trasfer to a ch7 in June of 2010--and cant wait! So what happens if I get this federal job?

    #2
    Originally posted by debtisbad4u View Post
    I am wondering if it is true that if I land a federal job they will pay my student loan debt back so much a year? Everything I read says they will. I had an interview at a local VA hospital a few weeks ago. Am I simply dreaming? And I am in the midst of a ch13 which I can trasfer to a ch7 in June of 2010--and cant wait! So what happens if I get this federal job?
    The good news - if you have federal student loans and work in a federal job, it's possible to reduce your loans up to $10,000 a year for up to $60,000 total. Here's the details - http://www.makingthedifference.org/f...epayment.shtml and http://www.opm.gov/oca/pay/studentloan/

    Private student loans cannot be repaid through gov't employment.

    How a repayment program like this works inside an active Ch 13 could be tricky. Your lawyer will have to help you figure that out.
    Last edited by lrprn; 03-21-2009, 05:06 PM.
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
    Countdown: 60 months paid, 0 months to go

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      #3
      Thanks for the information and link

      Comment


        #4
        just a second, not to burst your bubble...but it depends on the agency you work for, their guidelines, and what your status with the federal government is. i am excepted service, and i do not qualify for any tuition assistance or loan forgiveness. even though my agency clearly offers it. just read the fine print.
        Ch 7. filed: 11/12/08
        341 rescheduled: 01/12/09
        Discharged & Closed: 3/23/09

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