On July 9, 2015, the draft rules on the newest repayment plan, REPAYE, were published (http://www.gpo.gov/fdsys/pkg/FR-2015-07-09/pdf/2015-16623.pdf). The rules that affect PSLF, as discussed in our previous post (http://www.holdfasttodreams.org/repaye-compared-to-ibr-and-paye-for-pslf/) , are: “[P]ayments made under the alternative repayment plan would not count…
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…
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…