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“If the borrowing spouse is eligible for public service loan forgiveness in 10 years or a IDR loan discharge in 20 or 25 years, that impacts the distribution of assets and debts,” King said.
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]
For loans consolidated past this deadline, only new payments made under an Income-Driven Repayment plan after consolidation will count toward PSLF. Public Service Loan Forgiveness (PSLF) is a ...
The Education Department (ED) is rolling out a series of major changes to a notoriously troubled Public Service Loan Forgiveness (PSLF) program for student loan borrowers in public service.
“The Public Service Loan Forgiveness (PSLF) program was designed as an incentive for talented graduates to enter public service careers where they are desperately needed.
Oct. 31, 2022 is an important date for student loan borrowers in public service, and it has nothing to do with Halloween. (Though missing it could be just as scary.) That’s the last day you can ...
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