Student-Loan Forgiveness to Include More Public-Sector Workers
10/6/21
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from The Wall Street Journal,
10/6/21:
Biden administration plans to overhaul Public Service Loan Forgiveness program, potentially helping roughly 550,000 borrowers.
The changes announced Wednesday will temporarily allow all payments regardless of loan type to count toward the PSLF program, if borrowers consolidate their student debt by Oct. 31, 2022. Borrowers with formerly ineligible loans will also have their payments counted, if they apply for the program by that date, the Education Department said.
Members of the military will be able to count deferment and forbearance while on active duty toward the loan forgiveness.
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