difficulty of qualifying for PSLF

How Hard Is It To Qualify For Public Service Loan Forgiveness (PSLF)?

Michael Lux Student Loan Blog, Student Loan Forgiveness 0 Comments

Reports about how hard it is to qualify for Public Service Loan Forgiveness (PSLF) are all over the place. Some think that after ten years of government or non-profit work, loans will easily disappear. Others indicate that 99% of the people who apply for Public Service Loan Forgiveness are denied …

Private Student Loans and Public Service Loan Forgiveness (PSLF)

Michael Lux Student Loan Blog, Student Loan Forgiveness 0 Comments

Private student loans are not eligible for Public Service Student Loan Forgiveness (PSLF). Other than a couple of rare exceptions, private loans cannot be converted into eligible federal student loans. While it might seem that eliminating private student loans and chasing after PSLF might be entirely different goals, they are …

Mailbag: Fixing FFEL Issues with Public Service Loan Forgiveness (PSLF)

Michael Lux Student Loan Blog, Student Loan Forgiveness 0 Comments

Though discontinued, FFEL loans continue to cause significant issues for federal student loan borrowers seeking Public Service Loan Forgiveness (PSLF). Federal Family Education Loan (FFEL) program loans not federally held are not eligible for PSLF. However, borrowers can convert them into eligible loans through Federal Direct Consolidation. Unfortunately, this fix …