PSLF

The Public Service Loan Forgiveness program offers student loan forgiveness for borrowers who make 120 qualifying payments under an income-driven repayment plan while working full-time for a qualifying employer. That…

Borrowers close to Public Service Loan Forgiveness (PSLF) are weighing whether to wait for the buyback program or resume active payments under income-driven repayment (IDR). PSLF buyback can recover missed…

The Department of Education has released proposed rules that could bar certain nonprofits and public employers from PSLF eligibility starting in 2026. The rules give the Secretary of Education wide…

Key Points Public Service Loan Forgiveness (PSLF) remains one of the most misunderstood federal student loan programs, and errors can derail years of progress. Choosing the right repayment plan, submitting…

Key Points The new Repayment Assistance Plan (RAP) will qualify for Public Service Loan Forgiveness (PSLF). Parent PLUS loans appear to be excluded from PSLF eligibility due to limitations in…

Key Points PSLF Buyback processing can take 6 to 7 months, leaving many borrowers stuck in limbo. Borrowers fewer than 6 payments away from forgiveness may benefit more by switching…

Key Points President Trump’s executive order targets entire organizations for exclusion from Public Service Loan Forgiveness based on their activities or affiliations. The Department of Education has launched a rulemaking…

Key Points President Trump announced plans for an executive order limiting certain employers from PSLF, but legal constraints likely prevent him from doing so. PSLF was created by Congress, signed…