A second teacher at a high school in Missouri was put on leave after administrators discovered her OnlyFans side hustle.
Megan Gaither, 31, said during an interview with the St. Louis Post-Dispatch that she was placed on leave from her English teaching and varsity cheerleading coach position on Oct. 27 after district officials found out about her account on the OnlyFans platform.
There is an option, at least for teachers. If they keep the loans with the original provider then they do have the option in 10 years to qualify for teacher forgiveness. The entire loan is forgiven once you qualify. So work with the loan company to come up with the smallest monthly payment possible and wait it out. Covid no payments for 3 years all counted as qualifying months towards this as well. I know this because my wife is a teacher and just started paying last month again, but only have 3 more payments until this is all over with! I can’t tell you how much less stress I’ll have once 90k is wiped…
Best to mention that PSLF has like a 3% forgiveness rate, and half of Congress is constantly trying to undermine it. If you make the minimum payments for 10 years and then your PSLF fails, you will easily end up owing much more than you initially borrowed due to interest.
Source: Partner is eligible for PSLF, has been making payments since 2014 and owes a lot more than initially borrowed.
Edit: for the people (person) who downvoted.
https://www.bestcolleges.com/research/student-loan-forgiveness-statistics/
Numbers as of 2021, only 2.2% of borrowers had their loans forgiven. Of that 2.2%, only 32 people (not percent, but people) had their loans forgiven after making 20 years of payments using the IDR plan.
My partner borrowed about 50k for their bachelor and masters degrees, currently owes ~59k. They have never missed a payment, or had a late payment, and they graduated with a Master’s in Biology in 2013