ED and you may Education loan Enterprises Faulted having Denying Borrowers PSLF, The fresh new Declaration Finds out

ED and you may Education loan Enterprises Faulted having Denying Borrowers PSLF, The fresh new Declaration Finds out

During the period of a decade, yet another report possess discovered, the Agencies out of Education (ED) enjoys don’t provide any control, recommendations, otherwise direction so you’re able to student loan companies that suggest public-service workers about their directly to Public service Mortgage Forgiveness (PSLF).

According to declaration, which prospective reduced revenue hence incentivizes education loan people to help you deceive otherwise misguide individuals towards directly to mortgage forgiveness

The analysis, spearheaded of the Student Borrower Protection Center in addition to American Federation of Educators, will high light the new ongoing challenges one to consumers that have Government Members of the family Studies Loans (FFEL) deal with when seeking be eligible for PSLF and you will bring a variety from policy suggestions for ED, Congress, and police when planning on taking to make sure borrowers located appropriate details about the PSLF eligibility. Read More …