Blog Archives

PSLF Approval Statistics in 2020

In the latest release of PSLF statistics from the Department of Education, we see that the number of unique borrowers with PSLF discharges processed as of November 2020 is…3,776. To us, that sounds a bit low, but keep in mind more »

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PSLF Help Tool Update

The PSLF Help Tool on the Dept of Education’s website has now been updated and is available here: https://studentaid.gov/pslf/ This new tool allows borrowers to look up their employer and see if their employer qualifies. It also tracks the number more »

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PSLF: COVID-19 Suspension of Payments Strategy

The COVID-19 relief for student loan borrowers gives all borrowers an automatic temporary suspension of payments until December 31, 2020.  If you’re in PSLF, that means that during these months until December 31, 2020, you don’t have to pay anything, more »

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COVID-19 Forbearance and PSLF

The Department of Education has updated their site with more information about PSLF and IDR during COVID-19. The good news is that suspended payments count toward PSLF! See below for more info: From FedLoan Servicing: Public Service Loan Forgiveness (PSLF) more »

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PSLF Non-Payments Count for Trump’s Executive Order

On August 21, 2020, Secretary DeVos has “directed Federal Student Aid (FSA) to extend the student loan relief to borrowers initiated by the President and Secretary in March 2020 through December 31, 2020.” This means that borrowers will continue to more »

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Posted in blog, COVID-19

PSLF: Victory for Religious Organizations

The Department of Education has issued Final Regulations on August 13, 2020, which will allow PSLF applicants to count their hours spent on religious activities: “The Department has removed proposed § 685.219(c)(4), which would have prohibited PSLF applicants from counting hours 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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Posted in blog, COVID-19

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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Good News For PSLF: ABA Victory Against Department of Education

On February 22, 2019, the District Court issued its opinion, finding the “U.S. Department of Education changed its interpretation of Public Service Loan Forgiveness regulation, it did not adhere to notice standards mandated under the Administrative Procedure Act, and those more »

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Update on ABA lawsuit against Department of Education

The lawsuit has taken an interesting turn with the ABA asserting the court should take judicial notice of 3 e-mails between FedLoan Servicing employees. These emails were obtained under FOIA requests and apparently, took 2 years and a court order more »

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