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…
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…
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…
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…
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…
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…
Source: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service/questions The Department of Education has updated their PSLF FAQ section, but it since it requires expanding the answers, we thought it’d be helpful to have the fully expanded version available for text searches. Qualifying Employer – Q&As What…