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View Poll Results: What would you do?
Option 1: Pay it off and be done with it. 34 64.15%
Option 2: The benefit is worth the hassle. Pay the minimums and let Uncle Sam pay the rest in five years. 16 30.19%
Ask Gaz 3 5.66%
Voters: 53. You may not vote on this poll

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Old 08-22-2011, 09:42 PM   #1
DaFace DaFace is offline
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Originally Posted by Mike in SW-MO View Post
If the program is loan forgiveness, then you should take option #1. You borrowed the money and you owe it. You should pay it back.

If the program is contracted benefit to attract a qualified employee, then go modified option 2 with payoff cash in an account ready to go. Debilitating injury/illness in year 4 would really stink. If this is from a locality watch out for severence right before they have to pay out.

I am big fan of free market. If they need that incentive to attract good people then go for it. If that is part of her compensation package, then she deserves every penny.
The program is designed to get people to go into high-need areas, such as special education, math, and science, and it's especially targeted at high need schools as well. So yes, it's an incentive program. However, it didn't make any difference in her choice of school for the most part. She gets a kick out of helping the kids who need it most.

Still, I couldn't care less whether she "deserves" it or not. As I mentioned earlier in the thread, I'm not a huge fan of stuff like this, but I pay for it in my own taxes, so I'm sure as hell not going to say no if it's to my financial advantage.
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Old 08-22-2011, 09:46 PM   #2
Saul Good Saul Good is offline
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Originally Posted by DaFace View Post
The program is designed to get people to go into high-need areas, such as special education, math, and science, and it's especially targeted at high need schools as well. So yes, it's an incentive program. However, it didn't make any difference in her choice of school for the most part. She gets a kick out of helping the kids who need it most.

Still, I couldn't care less whether she "deserves" it or not. As I mentioned earlier in the thread, I'm not a huge fan of stuff like this, but I pay for it in my own taxes, so I'm sure as hell not going to say no if it's to my financial advantage.
Why wouldn't you be a fan of it? It's simple supply and demand. There is more demand for certain positions than there is supply, so the price has to go up. Because of unions, the salaries can't go up directly, so they have to go about it a different way.

Working for 5 years in order to get $17,500 in extra compensation isn't like taking welfare. There's a reason that they can't fill these positions.
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Old 08-22-2011, 09:50 PM   #3
DaFace DaFace is offline
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Why wouldn't you be a fan of it? It's simple supply and demand. There is more demand for certain positions than there is supply, so the price has to go up. Because of unions, the salaries can't go up directly, so they have to go about it a different way.

Working for 5 years in order to get $17,500 in extra compensation isn't like taking welfare. There's a reason that they can't fill these positions.

Eh, her district is one of the highest-paying districts in the state already - partially due to the fact that they have such high demand. I'm just generally not a huge fan of subsidy programs in general. Nothing against this one in particular.
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