Public Service Loan Forgiveness Program Overhaul - DCCA Hawaii

Release: Public Service Loan Forgiveness Program Overhaul

October 6, 2021 at 4:31 am

On October 6, 2021, the U.S. Department of Education (USDE) announced changes to restore the promise of the Public Service Loan Forgiveness Program (PSLF). The government says it will offer a time-limited waiver so that student borrowers can count payments from all federal loan programs or repayment plans toward forgiveness. This includes loan types and payment plans that were not previously eligible. USDE also seeks to give borrowers a way to get errors corrected and make it easier for members of the military to get credit toward forgiveness while they serve.

You can read more details about the commitment to improve PSLF at:
https://www.ed.gov/news/press-releases/fact-sheet-public-service-loan-forgiveness-pslf-program-overhaul