• Original PSLF program, implemented in 2007, has been met with criticism for its failure to live up to its promise of loan forgiveness for public servants.

  • New overhaul will temporarily allow previously denied/ineligible payments to count for forgiveness if the borrower was working for an eligible employer.
    • Requirements for correct loan type, loan plan, payment amount, and payment date are being relaxed to facilitate loan forgiveness.

  • To benefit from these temporary changes, borrowers must apply for PSLF before Oct 31, 2022.

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