Public Service Loan Forgiveness is a government program in which federal student loans get forgiven after 10 years of work at a qualifying non-profit or government organization. I’m going to assume for the purposes of this article that you are at least a little familiar with the plan. You can read more about it here.
There are a variety of considerations one must take into account when considering a job that qualifies for Public Service Loan Forgiveness. Often times the dentistry isn’t very exciting and the areas that offer these kinds of jobs can be somewhat remote. But I want to answer the economic question. How valuable is Public Service Loan Forgiveness from an economic standpoint?