Washington covid-19 pandemic Department Washington

Student loan forgiveness: 550K borrowers to benefit from program overhaul

Reading now: 153
www.fox29.com

WASHINGTON - The U.S. Department of Education on Wednesday unveiled major changes to a troubled student loan forgiveness program designed for borrowers working in public service jobs — but has been criticized for its complex requirements.The new temporary changes will bring an estimated half a million borrowers closer to being debt-free.The Public Service Loan Forgiveness (PSLF) program was launched in 2007 as a reward for college students who go into public service, including many teachers, nurses, social workers and military members.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA