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Trump Executive Order

President Donald Trump has issued an executive order today (August 8, 2020; see https://www.whitehouse.gov/presidential-actions/memorandum-continued-student-loan-payment-relief-covid-19-pandemic/) which has extended the previous student loan relief issued on March 20, 2020. The executive order will: “[P]rovide such deferments to borrowers as necessary to continue more »

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UPDATE: Coronavirus & PSLF

Looks like the rules have changed from our last posting. A few of the new changes (https://studentaid.gov/announcements-events/coronavirus#borrower-questions); TL;DR: Everyone gets forbearance and those payments count for PSLF (see below for details): Your payments will automatically stop from March 13, 2020, more »

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Coronavirus & PSLF

SEE UPDATED POST: http://www.holdfasttodreams.org/update-coronavirus-pslf/ With President Trump’s announcement on March 13, 2020, that interest would be waived on all federally held student loans and borrowers could request emergency forbearance, what does this mean for PSLF? (TL;DR: If you want PSLF more »

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ABA Settles With Dept of Education: All Full-Time ABA Employees Qualify For PSLF

Read on below for all the information from the ABA website. Hopefully this means the Department of Education will stop creating new PSLF “rules” without going through the proper legal changes such as regulations passed via Congress. We want to more »

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PSLF Reinstated For ABA Employees

Fedloan Servicing has finally made right on its past error where it pulled the PSLF rug from under several ABA employees. That resulted in a lengthy lawsuit that found resolution in February 2019. The US District Judge Kelly ruled that more »

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