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Personal Finance Q&A: Pay off student loans or seek debt forgiveness?

Personal Finance Q&A: Pay off student loans or seek debt forgiveness?

Dear Liz: I have $105,000 in medical school loans with an interest rate of 2.875%. I have another consolidated federal loan at 6%. I'm making $180,000 in the private sector and like my job. Should I consolidate everything, try to get a public sector job, and apply for loan forgiveness after 10 years while paying as little as possible? Or should I accelerate my loan payments? I would be able to pay almost the full amount after 10 years. I'm also trying to save for a house in a high-cost area. I have about $110,000 in savings and stocks. Answer: Why would you upend your life to qualify for help you don't need? Loan forgiveness and federal income-based repayment...

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