Below you'll find a list of all posts that have been tagged as “PSLF”
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 …
Recently, I’ve heard from several student loan borrowers considering leaving a PSLF eligible job for a new position with an employer who isn’t eligible. Changing jobs is always a high-stakes decision. Add in the possibility of losing out on Public Service Loan Forgiveness, and it becomes even more challenging to …
The process of Parent PLUS loan repayment works a bit differently than most other federal student loans. Unlike nearly all other kinds of student debt, the parent borrows the money rather than the student. This dynamic causes confusion when researching topics, such as federal program eligibility, repayment plan selection, student …
Getting the full value of federal student loan forgiveness programs takes a bit of planning. Because there is no limit to the amount that can be forgiven on federal programs like PSLF, many borrowers realize that paying as little as possible each month is ideal. However, maximizing forgiveness is about …
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 …
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 …
