Blog Archives

Lawyers Sue Department of Education for PSLF

On December 20, 2016, the American Bar Association (ABA), a very powerful lawyer organization filed suit against the Department of Education for retroactively denying lawyers eligibility under PSLF. The ABA is a professional membership organization for lawyers that does a lot of

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PSLF Statistics Released on Dec. 20, 2016

On December 20, 2016, the U.S. Department of Education’s Federal Student Aid (FSA) office posted a series of updates to its data center, a collection of key performance data about the federal student aid portfolio. The updates include a report

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President-Elect Donald Trump on Student Loans

We wanted to compile our previous posts on Donald Trump’s student loan positions below. Check back for updates. Donald Trump on Income-Based Repayment (IBR) and Loan Forgiveness On Wednesday, October 12, 2016, Donald Trump made his most detailed comments on

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Presidential Candidates Trump and Clinton on Student Loans

We’re seeing new developments on the student loan front with the presidential candidates, Donald Trump and Hillary Clinton. On Wednesday, October 12, 2016, Donald Trump made his most detailed comments on student loans yet during a speech in Ohio. “Under

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Tracking PSLF: Now on Paper Statements

As we mentioned before, keeping track of PSLF payments just got easier. The PSLF qualifying payments now appear on your paper statements. Here’s a scanned, redacted copy of what it looks like: The PSLF number on the statement lists only

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PSLF Statistics

Since PSLF is a relatively new program, we have had to guess at the number of student borrowers who will eventually benefit. Now we have some solid statistics from the Federal Student Aid Data Center. We’re pleased to see so

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PSLF Bill Updates Are Coming!

FedLoan Servicing, the official PSLF loan servicer, will be adding information to their billing statements tracking the total number of qualifying PSLF payments for each loan. This makes it much easier to keep track of PSLF payments. Previously, the only

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You Can Apply for REPAYE Now!

The Department of Education has officially released REPAYE as the newest addition to the Income-Driven Repayment (IDR) Plan family. Read below for more information on the differences between REPAYE and other IDR Plans. You can apply online (StudentLoans.gov) or by

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Final Regulations for REPAYE Issued

On Oct. 27, 2015, the Department of Education issued a final regulation establishing a new income-driven repayment plan, the Revised Pay As You Earn (REPAYE) Plan. The REPAYE Plan will be available to borrowers starting in mid-December 2015. Let’s take

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Student Loans: Donald Trump vs. Hillary Clinton

UPDATE: Take a look at our new post on the positions of the presidential candidates Donald Trump and Hillary Clinton. Let’s take a giant, semi-blind leap forward and take a guess at what would happen to student loans if either

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