▲ 35 r/fednews
Should I wait 4 years for Public Service Loan Forgiveness (PSLF) or take a higher paying private sector job?
My current government salary as a GS-14 human capital manager is about $178,000. I've received an offer from a FAANG company that currently offers about 50k more in salary (~$236,000). I have approximately 200k in student loans and four years left till I hit my 10 years in public service to be eligible for student loan forgiveness. Job satisfaction concerns aside, should I keep my government job til I hit ten years or take the offer and just use all of my additional 50,000 in salary to pay off my student loans in about the same amount of time? I'm wary of using my new offer as leverage for my govt job because in the end I know that whatever pay increase they give to match, is subject to a yearly review and not guaranteed.
u/Russian_Guyovitch — 11 hours ago