Articles for Public Service Loan Forgiveness

More student loans canceled in Biden’s final round of forgiveness before leaving office
5 days, 2 hours ago

More student loans canceled in Biden’s final round of forgiveness before leaving office

The Hindu  

The Biden administration is canceling federal student loans for another 55,000 workers through an existing program known as Public Service Loan Forgiveness. Under Mr. Biden, the Education Department loosened the rules for Public Service Loan Forgiveness, which previously had a 99% rejection rate amid burdensome rules and widespread confusion over eligibility requirements. With the latest round of relief, Mr. Biden …

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White House starts scrapping pending rules, including student debt cancellation
5 days, 4 hours ago

White House starts scrapping pending rules, including student debt cancellation

Associated Press  

WASHINGTON — President Joe Biden is abandoning his efforts to provide some protections for transgender student athletes and cancel student loans for more than 38 million Americans, the first steps in an administration-wide plan to jettison pending regulations to prevent President-elect Donald Trump from retooling them to achieve his own aims. “This isn’t the way I wanted it to end,” …

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How public service workers can get student loan forgiveness
2 years, 3 months ago

How public service workers can get student loan forgiveness

LA Times  

Student loan forgiveness is available to those who work 10 years in public service jobs. The basics of the program called Public Service Loan Forgiveness, or PSLF, seem clear: Government and nonprofit workers who make monthly payments on their federal loans for 10 years are eligible to have the rest of their debt wiped clean. More than 600,000 borrowers — …

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What borrowers need to know about the Public Service Loan Forgiveness overhaul
3 years, 2 months ago

What borrowers need to know about the Public Service Loan Forgiveness overhaul

NPR  

What borrowers need to know about the Public Service Loan Forgiveness overhaul Enlarge this image toggle caption Joshua Roberts/Getty Images Joshua Roberts/Getty Images Zahra Nealy was in the shower, listening to the radio, when she heard NPR reporting on Friday that the U.S. Department of Education would use its authority to help borrowers and relax the rules of the troubled …

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NPR Exclusive: Troubled Public Service Loan Forgiveness program will get overhaul
3 years, 2 months ago

NPR Exclusive: Troubled Public Service Loan Forgiveness program will get overhaul

NPR  

NPR Exclusive: Troubled Public Service Loan Forgiveness program will get overhaul Enlarge this image LA Johnson/NPR LA Johnson/NPR A troubled student debt relief program for teachers, police officers and other public service workers will soon get the makeover that borrowers have been demanding. According to the program's Education Department website, public service includes anyone working for "a U.S. federal, state, …

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