Public Service Loan Forgiveness
Lawmakers demanded that the Consumer Financial Protection Bureau investigate a loan forgiveness program for teachers and other public service workers.
If you have certain types of federal loans, you won't have to pay interest during deferment, but all loans accrue interest
The impact is even greater for graduate students looking to pursue a career in public service. The lower salaries of nonprofit
Most people know about Public Service Loan Forgiveness (PSLF), which offers tax-free loan forgiveness for borrowers working
It's not a myth! Every student loan borrower has to repay their debt, even if they are unable to find a job after graduating or didn't graduate at all. However, some repayment options can lead to your federal student loans being forgiven, canceled, or discharged.
Ashley Matthews is a Program Manager for Law School Engagement & Advocacy, managing the Student Debt and Student Engagement
There's no way to make 120 payments in less than 10 years, even if you try to double up on the monthly amount. Since the program was enacted in 2007, the Department of Education will not begin accepting applications until 2017.
With so many low-income Americans struggling to find jobs, keep their homes, and supply basic needs for their families, the need for public interest lawyers has never been greater. These attorneys play a vital role in ensuring equality within the justice system in America
Public Service Loan Forgiveness (PSLF) was enacted by Congress to incent long-term public interest careers by allowing borrowers to earn forgiveness of their student loans after they make 120 on-time monthly payments while working in a wide range of qualifying public interest positions.
Student loan debt will be a key issue in the 2016 presidential election - and it should be. The $1.3 trillion in student loan debt has become a defining economic factor for students and graduates across the country.
On February 27, the Department of Education announced it will end its contracts with five private collection agencies. It's good that the Education Department is cracking down, but much more needs to be done to hold collection agencies accountable for unfair or deceptive practices.
Colleges make it simple for students to borrow by packaging several different types of federal loans... Sometimes, schools even give students more loans than they need. The students have to accept the package and deal with the loans when they leave, whether they graduate or not.
Valentine's Day is coming up, but we know you don't want to put a ring on your student loans. Even if you can't love them, here are six good reasons to value your loans.
Regarding your bankruptcy proceeding, I am not a lawyer. You should get the assistance of a licensed bankruptcy attorney
Dear Sen. Warren: I need your help and I honestly believe with my whole heart that you are the only person in our entire country who can help me -- and others like me. It has to do with my student loans; nothing to do with repayment, but everything to do with the red tape attached to getting customer service from servicers.
Public Service Loan Forgiveness is an invaluable tool for retaining lawyers for long-term public interest careers and closing the justice gap. It is not the cause of high law school tuition and it is not making law students willing to borrow more.