Since President Trump has been in office, we have seen a rise in concerns of the future PSLF. We do not believe PSLF will be retroactively eliminated, for a number of reasons, some of which we blogged about earlier. We…
On December 20, 2016, the American Bar Association (ABA), a very powerful lawyer organization filed suit against the Department of Education for retroactively denying lawyers eligibility under PSLF. The ABA is a professional membership organization for lawyers that does a lot of…
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…
The Department of Education has officially released REPAYE as the newest addition to the Income-Driven Repayment (IDR) Plan family. Read below for more information on the differences between REPAYE and other IDR Plans. You can apply online (StudentLoans.gov) or by…
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…
Once again, we have another blog post from Homeroom, “The Official Blog of The U.S. Department of Education,” explaining “How to Qualify for Public Service Loan Forgiveness” (https://www.ed.gov/blog/2015/04/how-to-qualify-for-public-service-loan-forgiveness-2/) It’s from the same author, as the previous post on the 5…
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…