Meet a Navy officer who just got $323,000 in student loans forgiven and said public service was 'the only way' he could have paid off his debt
Ayelet Sheffey Feb 19, 2023, 7:15 AM
Jared Weegmann, 37, got $323,000 in student loans forgiven through the Public Service Loan Forgiveness (PSLF) program.
He said that he would not have been able to pay off the debt had he not enlisted in the Navy.
His success story is rare — many borrowers have struggled to get relief through the program.
Jared Weegmann no longer has a six-figure student-debt load hanging over his head.
After getting his undergraduate degree from a public Florida college, Weegmann, 37, decided he wanted to go to law school — and the only way he could do so financially was by taking out student loans. But after graduating University of Miami's law school in 2012 with around $200,000 in debt, the most important thing for him at the time was getting rid of that debt one way or the other.
"This debt will never be repaid," Weegmann said. "I just remember thinking, the only way this is ever gonna get off me is if I immediately start some public service job."
https://www.businessinsider.com/how-to-get-student-loan-debt-forgiven-pslf-navy-officer-2023-2
