Interest Groups

Frustrated by the Public Service Loan Forgiveness Program? These Tools Can Help - Government Practice News

Get the news you want the way you want it: click the RSS button in the right corner to add this feed to your RSS reader, or click here to subscribe to this content. By subscribing, you’ll find this news on your Member Account page, and the latest articles will be emailed to you in your customized IndyBar E-Bulletin e-newsletter.

Government Practice News


Posted on: Feb 21, 2019

From CNBC:

Most people pursuing public service loan forgiveness discover at some point that they don't qualify, for one technical reason or another.

That may be because their loan type is ineligible or they're not in the right repayment plan.

The Public Service Loan Forgiveness program was signed into law by President George W. Bush in 2007 and allows not-for-profit and government employees to have their federal student loans erased after 10 years of on-time payments.

Just 206 applicants for the debt relief have been approved, according to recent Education Department data. More than 40,000 have applied.

Read more.

This article was submitted by Nicolette Mendenhall, Indiana Department of Transportation. If you would like to submit content or write an article for the Government Practice Section, please email Kara Sikorski at ksikorski@indybar.org.

DID YOU KNOW?

Indianapolis Bar Association (IndyBar) est. 1878 | 4,536 Members (as of 2.11.21)