A look at the changes to improve access to Public Service Loan Forgiveness
THE NEW YORK TIMES — Hundreds of thousands of borrowers with so-called F.F.E.L. student loans, people who paid late and military members could now get credit for years of payments toward erasing their debts. Changes that the Education Department is making to the Public Service Loan Forgiveness Program should help hundreds of thousands qualify for relief much…
Read More about A look at the changes to improve access to Public Service Loan ForgivenessCalifornia Attorney General Rob Bonta advices graduates on accessing Public Service Loan Forgiveness
EIS PRESSWIRE — California Attorney General Rob Bonta issued a consumer alert today highlighting important information regarding recent changes to the Public Service Loan Forgiveness (PSLF) program. On Oct. 6, 2021, the U.S. Department of Education (ED) announced that over the coming months, it will be implementing critical improvements to the PSLF program that should provide more eligible public servants…
Read More about California Attorney General Rob Bonta advices graduates on accessing Public Service Loan ForgivenessUS Department of Education announces Public Service Loan Forgiveness program overhaul
U.S. DEPARTMENT OF EDUCATION — The Public Service Loan Forgiveness (PSLF) Program is an important—but largely unmet—promise to provide debt relief to support the teachers, nurses, firefighters, and others serving their communities through hard work that is essential to our country’s success. By cancelling loans after 10 years of public service, PSLF removes the burden of…
Read More about US Department of Education announces Public Service Loan Forgiveness program overhaulHow the Public Service Loan Forgiveness reform helps current borrowers
NPR — Zahra Nealy was in the shower, listening to the radio, when she heard NPR reportingon Friday that the U.S. Department of Education would use its authority to help borrowers and relax the rules of the troubled Public Service Loan Forgiveness (PSLF) program. “That’s me! You’re talking about me,” Nealy, who works for a Southern California…
Read More about How the Public Service Loan Forgiveness reform helps current borrowersOutline of changes to the Public Service Loan Forgiveness program
INSIDE HIGHER ED — A federal loan forgiveness program known for its ineffectiveness will undergo major reforms over the next year, the Department of Education announced Wednesday. The overhaul is intended to fulfill a “largely unmet” promise to wipe away the student debt of teachers, military service members and others working in the public sector. Most of…
Read More about Outline of changes to the Public Service Loan Forgiveness programWhat Public Service Loan Forgiveness changes mean for lawyers
REUTERS — Public interest lawyers and legal educators are hoping an overhaul of the government’s Public Service Loan Forgiveness Program announced this week will help many more attorneys discharge their outstanding loan debts. “These changes should have happened 14 years ago—they are way overdue—and they are wonderful,” said Georgetown University law professor Philip Schrag. “They will certainly…
Read More about What Public Service Loan Forgiveness changes mean for lawyersABA lauds Public Service Loan Forgiveness changes and urges Congress to pass additional reforms
ABA JOURNAL — People with jobs that qualify for the Public Service Loan Forgiveness Program can now get credits from previously ineligible loan plans, the U.S. Department of Education announced Wednesday. Under the new guidelines, loans such as the Federal Family Education Loan Program and the Perkins Loan Program are now eligible for PSLF, according to a…
Read More about ABA lauds Public Service Loan Forgiveness changes and urges Congress to pass additional reformsAmerican Council on Education statement on Public Service Loan Forgiveness changes
AMERICAN COUNCIL ON EDUCATION — “Today’s announcement by Secretary of Education Cardona fulfills a promise the nation made to forgive the student loans of tens of thousands of individuals who have dedicated years to public service. This is long overdue. The Biden administration inherited a Public Service Loan Forgiveness program that has failed over multiple administrations…
Read More about American Council on Education statement on Public Service Loan Forgiveness changesFederal judge overturns bankruptcy decision that discharged law graduate’s student loan debt
ABA JOURNAL –A New York federal judge has overturned a decision to discharge a law grad’s student debt, citing a “constellation of evidence” that the debtor “placed himself in this predicament” after abandoning a legal career. U.S. District Judge Philip M. Halpern of the Southern District of New York said a bankruptcy judge should not have…
Read More about Federal judge overturns bankruptcy decision that discharged law graduate’s student loan debtUS Department of Education to overhaul Public Service Loan Forgiveness program
NPR — A troubled student debt relief program for teachers, police officers and other public service workers will soon get the makeover that borrowers have been demanding. Next week, according to a source familiar with the plans but who is not authorized to discuss them publicly, the U.S. Department of Education will unveil a significant overhaul of…
Read More about US Department of Education to overhaul Public Service Loan Forgiveness program