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2. Education Department Announces Permanent Improvements to the ...

   www.ed.gov/news/press-releases/education...

   Today, the U.S. Department of Education (Department) announced one-time executive actions that will bring most loans managed by the Department closer to forgiveness, including credit toward the Public Service Loan Forgiveness (PSLF) Program for borrowers who have qualifying employment.

3. Seven Things to Know About the Student Loan Payment Count ...

   blog.ed.gov/2023/12/seven-things-to-know-about...

   Borrowers Have More Time to Consolidate Loans to Benefit from the Adjustment By: Federal Student Aid Chief Operating Officer Richard Cordray Since this summer, the U.S. Department of Education (Department) has approved almost $44 billion in debt relief for more than 900,000 borrowers as part of the payment count adjustment. This is a one-time initiativeContinue Reading

4. Biden-Harris Administration Allows Borrowers More Time to ...

   www.ed.gov/news/press-releases/biden-harris...

   The Department first announced the payment count adjustment in April 2022 to address extensive evidence, including from the U.S. Government Accountability Office, that borrowers did not have a proper accounting of their time to forgiveness under IDR plans as well as widespread evidence that servicers had not been properly following regulations ...

5. Student loans: One-time payment adjustment of $39 billion ...

   www.aol.com/finance/student-loans-one-time...

   Ronda Lee. July 14, 2023 at 1:54 PM. On Friday, the Department of Education announced that it will begin discharging student loan debts for borrowers who’ve been in repayment for 20-25 years ...

6. Improvements for Borrowers Working Toward PSLF - ED.gov Blog

   blog.ed.gov/2024/07/improvements-for-borrowers...

   Specifically, borrowers may notice that their payment counts don’t yet reflect payments made after April 2024. While the Department implements these improvements to PSLF, it is simultaneously implementing the payment count adjustment, an administrative fix that ensures that borrowers get proper credit for progress toward IDR forgiveness and ...

7. PSLF Processing Improvements: What Borrowers Can Expect

   blog.ed.gov/2024/04/pslf-processing-improvements...

   After the improvements, PSLF borrowers will have all of their PSLF information centralized on StudentAid.gov so that the Department can provide real-time and more accurate information on payment counts and form processing. They will also be able to call the Department’s contact center directly for any questions about PSLF and will have a ...

8. Public Service Loan Forgiveness - Wikipedia

   en.wikipedia.org/wiki/Public_Service_Loan...

   The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]

9. Fact Sheet: Charting the Path Forward for Public Service Loan ...

   www2.ed.gov/policy/highered/reg/hearulemaking/...

   This created confusing and varying standards. A single 30-hour-a-week requirement will make it easier for borrowers and employers to establish what it means to be full-time. Require employers, for purposes of PSLF, to give adjunct and contingent faculty credit of at least 3.35 hours of work for every credit hour taught.