Do You Qualify For $4.5 Billion Of Student Loan Forgiveness?
The U.S. Department of Education announced major changes today to student loan forgiveness that will make it easier for student
loan borrowers to get student loan relief under the Public Service Loan Forgiveness program.
The Public Service Loan Forgiveness program helps student loan borrowers who work for a qualified public service or non-profit employer to get federal student loan forgiveness after completing 120 monthly payments and other requirements
What are these new changes and what do they mean for your student loans? Here are the details:
Yes, student loan forgiveness only applies to federal student loans for the Public Service Loan Forgiveness program.
There is no change with the new announcement, and private student loans remain ineligible