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Under President Joe Biden’s plan, up to $20,000 of student loan debt could be forgiven. Over 563,000 Kentuckians eligible for student loan forgiveness. Key dates to remember
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. [1]
In the summer of 2023, the Supreme Court ruled to strike down Biden’s student loan forgiveness program, which would have canceled up to $20,000 of debt for roughly 43 million eligible borrowers.
The PSLF program forgives remaining student loan balances for borrowers in the Direct Loan program after 120 qualifying monthly payments under an income-driven repayment (IDR) plan.
There are a number of student loan forgiveness programs out there for people who work in public service, education, health care and other fields. If you’re struggling with debt, we’ve done the ...
After a couple of years of denials for a student loan forgiveness program designed for public servants, Dossett, who has worked in the nonprofit sector for 10 years, was told last week that not ...
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