Blog Archives

New PSLF FAQ’s with July 1st Regulatory Changes

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

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PSLF Reconsideration Request

The Department of Education has a new PSLF Reconsideration Request for borrowers who want to contest the PSLF ineligible employer status or qualifying counts. The form is available through the StudentAid.gov website here: Submit a reconsideration request. Details for the

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PSLF Data: June – October 2022

The Department of Education has released PSLF data for June to October 2022. In the “PSLF Portfolio” tab of the Excel document, you can see how many “Unique Borrowers with PSLF discharges processed “PSLF, TEPSLF, and waiver” for PSLF forms

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Department of Education Fixes to Student Loans

In a press release on April 19, 2022, the Department of Education announced several fixes to student loan programs that have plagued student borrowers. These changes are automatic and borrowers may not see the changes until end of 2022. “Additional

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Student Loan Repayments Pause Extended Until August 31, 2022

After many rumors swirling, the Department of Education has announced today, April 6, 2022, that the student loan repayment pause will be extended once again. This continues the pause that began in March 2020, marking over two years of pause:

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President-Elect Donald Trump on Student Loans

We wanted to compile our previous posts on Donald Trump’s student loan positions below. Check back for updates. Donald Trump on Income-Based Repayment (IBR) and Loan Forgiveness On Wednesday, October 12, 2016, Donald Trump made his most detailed comments on

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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

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Student Loans: Donald Trump vs. Hillary Clinton

UPDATE: Take a look at our new post on the positions of the presidential candidates Donald Trump and Hillary Clinton. Let’s take a giant, semi-blind leap forward and take a guess at what would happen to student loans if either

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President Obama’s Student Aid Bill of Rights

On March 10, 2015, President Obama issued and signed a “Student Aid Bill of Rights.” Improvements and changes include: (1) a state-of-the-art complaint system to ensure quality service and accountability for the Department of Education, its contractors, and colleges, (2)

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Senate Fails to Pass Elizabeth Warren’s Student Loan Refinancing Proposal

As predicted earlier, Elizabeth Warren’s student loan bill failed to garner enough votes to pass. The 56-38 vote on the refinancing proposal was close but lacked the 60 votes needed to overcome a Republican filibuster. The bill would have allowed

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