2min chapter

Against the Rules with Michael Lewis cover image

The Seven Minute Rule

Against the Rules with Michael Lewis

CHAPTER

The Hard Stuff Will Pass - I'm a Believer

The public service loan forgiveness programme is designed to help people pay off their loans. The money would be forgiven if the person has made 120 on time payments for ten years and spent 10 years as a teacher. Lake's first attempt at applying was unsuccessful, so she called navy again. They said that no one was eligible until two thousand and 17 because it would have been ten years from when the programme started. What remained of her loans would then be entirely forgiven. She says: "I kind of felt relief when i first found out about am"

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