Blog Archives

Senate Fails to Pass Elizabeth Warren’s Student Loan Refinancing Proposal

As predicted earlier, Elizabeth Warren’s student loan bill failed to garner enough votes to pass. The 56-38 vote on the refinancing proposal was close but lacked the 60 votes needed to overcome a Republican filibuster. The bill would have allowed

See more ›

Tagged with: , , ,
Posted in blog

President Obama Answers Questions on Tumblr

President Obama took to Tumblr to answer education questions from Americans around the country. You can watch the President answer those questions at WhiteHouse.Tumblr.com. You may also watch the video below:

Tagged with: , , , , , ,
Posted in blog

PSLF Tracker: Cat Bus Connect-the-Dots!

Connect-the-dots as an easy and fun way to keep track of your 120 PSLF qualifying repayments! The joy is like watching a very slow plant grow. Click Here to Download the Cat Bus PSLF Tracker You may want to check

See more ›

Tagged with: , , , ,
Posted in blog

Obama’s Monday June 9, 2014 Announcement: Signs Presidential Memorandum for PAYE

White House Fact Sheet on the Proposal (see text below): http://www.whitehouse.gov/the-press-office/2014/06/09/factsheet-making-student-loans-more-affordable Presidential Memorandum (see text below): http://www.whitehouse.gov/the-press-office/2014/06/09/presidential-memorandum-federal-student-loan-repayments VIDEO (see transcript below): http://www.whitehouse.gov/photos-and-video/video/2014/06/09/president-obama-speaks-student-loan-debt FACTSHEET: Making Student Loans More Affordable President Obama declared 2014 a year of action – vowing to use

See more ›

Tagged with: , , , , , ,
Posted in blog

Obama to Expand Student Loan Relief with Executive Order & Endorse Bill Proposed by Sen. Elizabeth Warren (D-Mass)

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

See more ›

Tagged with: , , , , , , , ,
Posted in blog

The U.S. Department of Education (ED) Promotes PSLF on Twitter

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

See more ›

Tagged with: , , , , , , ,
Posted in blog

The U.S. Department of Education (ED) Official Statements on Obama’s 2015 Proposed Budget: Impact on Public Service Loan Forgiveness (PSLF)

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:

See more ›

Tagged with: , , , , , , , , , ,
Posted in blog

Obama’s 2015 Proposed Budget: Impact on Public Service Loan Forgiveness (PSLF)

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

See more ›

Tagged with: , , , , , , , , , , ,
Posted in blog

Letters You’ll Receive After PSLF Approval

The letters below are the letters you’ll receive once your PSLF application is approved. PSLF Application Approved: Your Loans Are Transferred If your employment qualifies and some or all of your federally held loans are not serviced by FedLoan Servicing

See more ›

Tagged with: , , ,
Posted in blog

Doctors and PSLF: Residency and Nonprofit Hospitals

The Association of American Medical Colleges (AAMC) has a handy downloadable information guide on PSLF for physicians. The benefits of PSLF increase as the debt amount climbs.  In an example on the AAMC website, a doctor has $170,000 in federal

See more ›

Tagged with: , , , ,
Posted in blog