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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 ...
The Student Borrower Protection Center (SBPC) estimated in June that 9 million public service workers with federal student loans are eligible to pursue debt cancellation through the PSLF program ...
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
The PSLF waiver, enacted as part of a 2021 legal settlement with the Education Department (ED), allows those denied loan forgiveness to reapply. It also expands who qualifies to apply for ...
That’s mainly because the American Rescue Plan of 2021 made student loan forgiveness tax-free through 2025 — and the Biden forgiveness plan is covered under that law, according to the White ...
The Public Service Loan Forgiveness provides student debt forgiveness to those who have worked at least 10 years in public service jobs with federal, state, local, or certain non-profit ...
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