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The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service.
Student loan forgiveness for public-sector workers such as teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house ...
The PSLF (or public service loan forgiveness) program provides cancellation of federal loans after a certain period of time for many holding public sector positions.
President Joe Biden announced another round of student loan debt forgiveness Thursday, totaling $1.2 billion for 35,000 public-sector workers like teachers, nurses and firefighters.
The Biden administration said Thursday it would commit another $5.8 billion in student debt relief for 77,000 borrowers thanks to adjustments it made to the Public Service Loan Forgiveness program.
Friday's approvals bring the total number of Americans who have had their loans forgiven through the Public Service Loan Forgiveness program to 1.06 million.
Public Service Loan Forgiveness (PSLF) is a federal student loan forgiveness plan. The PSLF program forgives remaining student loan balances for borrowers in the Direct Loan program after 120 ...
Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. This includes a halt to ...