UPDATE (June 9, 2014): http://www.holdfasttodreams.org/obamas-monday-june-9-2014-announcement/ When’s the announcement? Monday, June 9, 2014 at a 1:45 p.m. event. Remarks of President Barack Obama from The White House Weekly Address (June 7, 2014) “I’ve taken action on my own to offer millions…
It’s refreshing to read that PSLF is still being promoted by the U.S. Department of Education, especially after Obama’s 2015 Proposed Budget. If you click on the Twitter link from Department of Education (http://www.ed.gov/blog/2014/05/the-five-qs-of-public-service-loan-forgiveness/), it leads you to the “Official…
There has been much debate on whether Obama’s 2015 Proposed Budget with the PSLF cap ($57,500) would apply to new, old or all borrowers. Now there is further clarification on the matter from the Department of Education’s Press Office. Question:…
UPDATE (April 5, 2014): See our new post “The U.S. Department of Education (ED) Official Statements on Obama’s 2015 Proposed Budget: Impact on Public Service Loan Forgiveness (PSLF)”: http://www.holdfasttodreams.org/?p=494 Obama’s 2015 Proposed Budget includes new limits on how much debt…
Do you want to learn more about the Public Service Loan Forgiveness (PSLF) Program? In this Take 5 video (http://www.youtube.com/watch?v=lJBWPikRSNo), Matt Sessa, Fed Loan Servicing Program Director, gives an overview of eligibility requirements, borrower experience, and resources for our school…
Payments made after October 1, 2007 qualify for PSLF, so the earliest date the first borrowers will be eligible for PSLF Program forgiveness is October 2017. Application for PSLF Tracking Currently, the only form student borrowers can submit for…