Dept of Ed Loan Forgiveness Policy Update
The Department of Education is correcting coding and payment-record errors related to the Public Service Loan Forgiveness (PSLF) program, which may reduce some borrowers' qualifying payment counts. As a result, teachers, nurses, and other public service workers could face additional payments before qualifying for debt forgiveness, potentially extending their repayment timeline. Borrowers are advised to review their payment records and retain documentation, as already forgiven loans are unlikely to be reinstated.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)