News - Page 2 of 4 - PSLF Coalition

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.

January 17, 2022 Ayelet Sheffey, Business Insider

An accountant got $20,000 in student debt wiped out. 5 months later, he quit his job and ran for office.

When Insider spoke to David O'Keefe in August, it was just days after his $20,000 student-debt balance turned to $0. Now, free of that financial burden, the 36-year-old is quitting accounting and running for office as a county commissioner in his hometown of Tallahassee, Florida.

January 13, 2022 Adam S. Minsky, Forbes

Navient Settlement To Result In $1.7 Billion In Student Loan Cancellation

A major settlement was announced on Thursday to resolve a long-standing lawsuit joined by 39 state attorneys general against Navient, one of the nation’s largest student loan companies.

January 4, 2022 Adam S. Minsky, Forbes

Student Loan Forgiveness Updates: New Changes Coming In 2022 For Public Service Borrowers

Borrowers on track for PSLF will continue to see significant changes this year, including the replacement of FedLoan with MOHELA as the PSLF loan servicer. Here's the latest.

December 22, 2021 Tara Siegel Bernard, The New York Times

The Student Loan Payment Restart Was Delayed. Here’s What to Do.

The Biden Administration has extended the timeout to May 1, so almost 27 million borrowers with federal student loans will no longer be expected to restart their payments in February. If you’re anxious about making payments again, you have plenty of options- and now is the time to thoroughly evaluate them. Here’s what you need to know about the restart and the payment plans that might help you.