Blog Archives

PSLF Enrollment Hits New Records

A wave of borrower action in the wake of SAVE and IDR adjustments led to a record-setting month for PSLF. On September 10, 2024, the Department of Education issued a press release celebrating that over 1.6 million borrowers were now

See more ›

Tagged with: , , ,
Posted in blog

The SAVE Plan Formally Rolls Out

August 2024 brought a major milestone when, on August 1, the Department of Education formally launched the SAVE plan, fully replacing REPAYE as the standard income-driven repayment option. Highlighted in announcements on studentaid.gov/save-news, this rollout marked the largest expansion of

See more ›

Tagged with: , , ,
Posted in blog

Department Previews Broader IDR Fixes

By July 2024, momentum around IDR adjustments accelerated further. On July 15, 2024, the Department of Education published a detailed progress report at ed.gov/news/idr-update-july2024, confirming that over 800,000 borrowers had already received significant retroactive credits toward forgiveness. This announcement included

See more ›

Tagged with: , , ,
Posted in blog

Spotlight on SAVE Plan and Early IDR Conversion Rush

In June 2024, the Department of Education intensified its promotion of the new SAVE plan, a repayment strategy designed to fully replace REPAYE. Announced via studentaid.gov/save on June 12, 2024, the plan promised lower monthly payments and dramatically improved interest

See more ›

Tagged with: , , ,
Posted in blog

Early IDR Account Adjustment Updates Bring New Hope

In late April 2024, the Department of Education rolled out its first major batch of IDR account adjustment notices, a move initially launched in 2023 but gaining serious traction this spring. According to an update posted on studentaid.gov on April

See more ›

Tagged with: , , ,
Posted in blog

PSLF Customer Service Shift to Dept of Education

The Dept of Education announced in April 2024 that they will begin to shift PSLF customer service to the Department of Education. This transition aims to speed up application processing and enhance customer service. After the improvements, all PSLF information

See more ›

Tagged with: , , ,
Posted in blog

PSLF Statistics August 2020

We’ve often heard of the horror stories of student borrowers not qualifying for Public Service Loan Forgiveness (PSLF) after so many years of hoping and waiting, but taking a closer look at the overall PSLF statistics gives a better understanding

See more ›

Tagged with: , ,
Posted in blog

PSLF Success Stories

We love to comb through success stories for PSLF on reddit.com/r/PSLF/! It looks like the more recent success stories have a faster turnaround time (1-2 months) compared to older ones (3-5 months). Here are some key takeaways: Make sure the

See more ›

Tagged with: , , ,
Posted in blog

PSLF Application Has Finally Arrived!

The official PSLF application is here (released Friday, September 1, 2017)! It may seem surreal to some who have waited at least 10 years for this moment, but the application is here and will allow student borrowers to see the

See more ›

Tagged with: , ,
Posted in blog

Tracking PSLF: Now on Paper Statements

As we mentioned before, keeping track of PSLF payments just got easier. The PSLF qualifying payments now appear on your paper statements. Here’s a scanned, redacted copy of what it looks like: The PSLF number on the statement lists only

See more ›

Tagged with: , , , , ,
Posted in blog