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Student loan forgiveness for public-sector workers like teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house.
The U.S. Education Department updated the student loan forgiveness process for some borrowers who work in public service, including teachers, police officers and social workers. This change, which ...
If the plan is approved and implemented, 25 million federal student loan borrowers may receive student loan forgiveness. In other student loan forgiveness news, the U.S. 8th Circuit Court of ...
ED's change in policy is expected to result in 22,000 student loan borrowers with consolidated loans — which were previously ineligible to be counted towards loan forgiveness — becoming ...
The Public Service Loan Forgiveness Program, which waives debt for government and nonprofit employees after they make 10 years of on-time payments, has been a frequent target of criticism from ...
Relief is coming soon to millions of Californians burdened by student loan debt. For many, though, the debt forgiveness offered by the Biden administration will just lighten the load, rather than ...
The new actions will provide borrowers with many of the same benefits going to those who have applied for PSLF under the temporary changes — the “Limited PSLF Waiver” — before its Oct. 31 ...
Before the waiver, payments made towards Teacher Loan Forgiveness forfeited eligibility under PSLF. Overall, ED has discharged $10 billion in debt for borrowers using the PSLF waiver.