News - Page 2 of 5 - PSLF Coalition

More Than 9 Million Public Service Workers with Federal Student Loans Eligible for Debt Cancellation, Fewer Than 2 Percent Have Received Relief, and Only 15 Percent On Track

The Student Borrower Protection Center (SBPC) released a new estimate that over 9 million public service workers with federal student loans are eligible for debt cancellation through PSLF, even as fewer than 150,000 have had debts cancelled under the recently overhauled federal program. To ensure every eligible public service worker receives debt relief guaranteed under federal law, a coalition of international labor unions joined with SBPC to launch a new national campaign to reach public service workers with student debt.

May 6, 2022 Mary Ellen Flannery, NEA News

Midway through the PSLF Waiver, NEA Members Report Success

It has been six months since Education Secretary Miguel Cardona enacted a temporary waiver to the Public Service Loan Forgiveness program. Since then, about 133,000 borrowers have been approved for $6.8 billion in forgiveness. Iowa educator Jamie Walker-Sallis is one of those individuals, and met with Cardona to share her story of loan forgiveness.

April 22, 2022 Steven Yoder, The Washington Post

Student loan forgiveness program for military borrowers slowly improves

Read about the journey that these service members took to receive debt forgiveness through programs like PSLF. Some veterans are getting their loans canceled, but others report being mired in red tape.

April 19, 2022 The Education Department

Department of Education Announces Actions to Fix Longstanding Failures in the Student Loan Programs

The Education Department announced steps that will bring borrowers closer to PSLF and IDR forgiveness by addressing historical failures in the administration of the federal student loan programs. Federal Student Aid estimates that these changes will result in immediate debt cancellation for at least 40,000 borrowers under PSLF.

April 4, 2022 Aoife Delargy Lowe, NALP April Bulletin

What You Need to Know About the Temporary Waiver Opportunity for PSLF

Equal Justice Works' Vice President of Law School Engagement and Advocacy shares information on the temporary waiver for PSLF, including qualifying information, next steps, and resources to learn more.

March 15, 2022 Bill Furbee, American Libraries

Recognition and Relief: Librarians reflect on life-changing federal loan forgiveness

The Public Service Loan Forgiveness program has helped thousands of qualifying borrowers handle student loans. However, many others have experienced red tape and bureaucratic headaches when trying to access PSLF. To date, significantly more people have been turned down than accepted into the program. These are the stories of a few librarians and their paths towards PSLF acceptance.

March 9, 2022 Scott Jaschik, Inside Higher Ed

Public Service Loan Forgiveness Tops 100,000 Borrowers

The Education Department announced that it has identified 100,000 borrowers with approximately $6.2 billion in loans to be erased by PSLF. In January, the total was 70,000 borrowers and more than $5 billion in debt relief.

February 7, 2022 Pete Levine, AFSCME

Almost $200,000 in student loan debt forgiven for DC 37 member thanks to PSLF waiver

Laura Morand owed $305,000 in student loans and didn’t see a light at the end of the tunnel. The PSLF waiver changed everything for her.

February 3, 2022 BusinessWire

Equitable Expands Services for Non-Profit Professionals with Additional Public Service Loan Forgiveness Support

Equitable announced a free tool to help employees in the non-profit fields determine their eligibility for PSLF. The new tool is among several expanded services to help individuals in the non-profit sector manage student loan repayments ahead of the expected end to federal forbearance on May 1, 2022.

January 27, 2022 Eric Ortiz, NBC News

Federal student loan forgiveness program fulfills an elusive promise: To erase debts

Over 70,000 student borrowers have qualified for debt forgiveness since the Education Department overhauled the program last fall. But another deadline is looming.