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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.
When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...
The administration said it will spend nearly $4.3 billion to cancel student debt for 55,000 such workers, the result of fixes made to the Public Service Loan Forgiveness Program.
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 ...
The relief impacts borrowers in three different categories: government and nonprofit workers in the Public Service Loan Forgiveness program, borrowers who the Education Department found were ...
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.
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