If you have federal student loans issued by the Department of Education, there are various federal student loan forgiveness programs you may be eligible for. Public Service Loan Forgiveness Do you have a job in the public sector working for the government or a nonprofit? They are likely a qual...
The Education Department has forgiven billions of dollars worth of student loans through existing programs, like Public Service Loan Forgiveness, IDR and borrower defense. If you have federal debt and meet certain requirements, you could qualify in 2025.
If you have any student loans that are in default, the Department of Education is giving you until Oct. 2 at 3 a.m. ET to apply for the Fresh Start program to get them back in good standing so you can potentially qualify for income-driven repayment pla...
Today the Supreme Court struck down the Biden Administration's plan for federal student loan forgiveness. The plan would have canceled up to $20,000 in federal student loan debt for some of the 43 million Americans who borrowed to attend college. The U.S. Department of Education previously ...
Navigating the Public Service Loan Forgiveness Program has beenfamously difficult. Fortunately, student loan borrowers may find thatthe process is getting a little easier. The U.S. Department of Education announced this summer thatthe PSLF applicationcan now be done completely online, including th...
Sorry the Department of Education doesn’t maintain their website anymore. Also, remember, PSLF is better than Teacher Loan Forgiveness everyday. 0 Reply Theresa Armstrong 7 years ago I am a Spanish teacher. I have worked at a Catholic School for 4 years full time before being picked ...
The Department of Education has sought to address eligibility barriers and confusion through several changes, like the Temporary Expanded Public Service Loan Forgiveness, or TEPSLF, and the limited PSLF waiver. "There seems to be some desire to make the process easier and mor...
To date, Biden has forgiven more student loan debt than any other president, totaling $25 billion since January 2021, according to the Education Department. All of theforgiveness has been targetedto students who were defrauded or who qualify for debt forgiveness under a program like Public Service...
The Department of Education Needs to Extend the One-Time Payment Count Adjustment Deadline In a few weeks, a little known deadline will pass and many borrowers will miss out on a great opportunity for quicker student loan forgiveness. Written By: Michael P. Lux, Esq....
Federal Student Aid, an office of the Education Department, recommends resubmitting your form annually or whenever you change employers.6 2. Repayment Plans With Loan Forgiveness If you aren’t working in a public service position, you may still be able to get a portion of your student debt ...