Blog Archives

REPAYE Compared to IBR and PAYE For PSLF

REPAYE is the new repayment plan that’s been in the works, expected to be available in late-2015. So should you expect to change your income-drive repayment plan to REPAYE? Let’s take a look at REPAYE in the context of PSLF.

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The U.S. Department of Education (ED) Explains How to Qualify for PSLF

Once again, we have another blog post from Homeroom, “The Official Blog of The U.S. Department of Education,” explaining “How to Qualify for Public Service Loan Forgiveness” (https://www.ed.gov/blog/2015/04/how-to-qualify-for-public-service-loan-forgiveness-2/) It’s from the same author, as the previous post on the 5

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President Obama’s Student Aid Bill of Rights

On March 10, 2015, President Obama issued and signed a “Student Aid Bill of Rights.” Improvements and changes include: (1) a state-of-the-art complaint system to ensure quality service and accountability for the Department of Education, its contractors, and colleges, (2)

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Negotiated Rulemaking Gearing Up For PAYE Proposed Regulations

The Negotiating Rulemaking Committee has finally been established and the schedule for the committee meetings has been released (http://www2.ed.gov/policy/highered/reg/hearulemaking/2015/index.html). On December 19, 2014, the Department published a notice in the Federal Register  announcing a “negotiated rulemaking committee to: (1) prepare

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Our Comment on PAYE Proposed Regulations: “Auto-PAYE”

On December 19, 2014, the Department published a notice in the Federal Register  announcing a “negotiated rulemaking committee to: (1) prepare proposed regulations to establish a new Pay as You Earn repayment plan for those not covered by the existing

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PAYE Expansion: ED Begins the Work-in-Progress

Looks like the Department of Education is paving the road to Pay As You Earn (PAYE) expansion. The ED has announced its intent to establish a negotiated rulemaking committee (http://www.regulations.gov/#!documentDetail;D=ED-2014-OPE-0124-0001). The Summary/TL;DR As you can remember, Obama’s Presidential Memorandum issued

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Jump on PAYE or IBR After You Graduate…or else

…you’ll lose those months you could have accumulated for PAYE/IBR benefits such as cancellation of any unpaid balance after 20/25 years. We’re assuming here that right after you graduate, you haven’t found a job, you’re broke, etc., so you qualify

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Department of Education Working on New Draft of PSLF Employment Certification Form

The Department of Education is revising the Employment Certification Form for the Public Service Loan Forgiveness (PSLF) program. The new Employment Certification Form appears to make it easier to fill out for student borrowers. We’ll let you know when the

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Indiegogo: Crowdfund Posters for PSLF Awareness

posters for PSLF awareness Eye-catching posters, inspired by Japanese anime & urban culture, will raise awareness of PSLF. Send posters to universities across US.   Our Campaign We’ve been working really hard and are so excited to announce our Indiegogo

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Help Others Learn About PSLF

It is estimated that more than 33 million American student borrowers are eligible for Public Service Loan Forgiveness (PSLF) but don’t know or aren’t on track to qualify. The Public Service Loan Forgiveness Program was created in 2007 to encourage

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