More feds might soon be eligible for student-loan forgiveness
More federal employees could see their student loans forgiven under a newly introduced bill. The bipartisan legislation would reduce eligibility requirements for the Public Service Loan Forgiveness Program (PSLF). Currently, borrowers must be employed in public service at the time of loan forgiveness. That means retired feds and those who have left public service, but who still made all the qualifying payments, are not currently eligible for the program. The PSLF Payment Completion Fairness Act would remove this requirement. The bill was introduced in both the House and Senate. (Public…
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