Hi, I’ve been working full-time for a non-profit and making payments on my Direct Consolidation Loan under an income-driven repayment plan since 2016. How do I track the progress I’ve made toward PSLF?   Public Service Loan Forgiveness, or PSLF, is a federal loan forgiveness option. It forgives the remaining balance of Federal Direct Loans […]

Read More

Hi I’m wondering if you can talk me through if I’m going to actually get Public Service Loan Forgiveness. I’ve seen a lot in the news about people getting denied and I’m worried.   Only about 1% of the borrowers who applied have had loans forgiven under Public Service Loan Forgiveness (PSLF). That’s enough to […]

Read More

PSLF is designed for lower income borrowers; like teachers, who may otherwise have difficulty repaying their student loan debt. These borrowers require college education for their professions, but often don’t see the salary increase of other college graduates. Many of these employees have been counting on PSLF since its inception in 2007, only to find out that they didn’t meet very specific eligibility criteria. This article talks about flaws and solutions for PSLF program flaws so borrowers can get the student loan forgiveness they’ve earned.

Read More

How can I consolidate my student loans? How do I know if consolidation will be beneficial?   If you want to consolidate your federal student loans you can apply for a Direct Consolidation Loan on the federal aid website.   A couple of things to know about student loan consolidation: Direct Consolidation Loans are only […]

Read More

I work at a non-profit and I’m getting payment from my employer totaling $10,000 over 5 years in the Tuitionio program. I’m currently repaying under the extended graduated repayment plan. My question is about student loan forgiveness given I work for a non-profit. I heard that if you do the required payment plan based on […]

Read More

Two finance professors out of Appalachian State University, Jarrod Johnstone and Ivan Roten, took a look at Income Based Repayment (IBR) and Public Service Loan Forgiveness (PSLF) and the possible impact this may have on individuals, college tuition and the economy. IBR has been around since 2009 and capped payments at 15% of discretionary income […]

Read More

Our men and women in uniform protect us every day from threats outside of our country and inside.They serve in times of natural disaster to restore order, deliver supplies and provide access to necessities. And they do this not only in America but abroad as well. It seems that the least we can do is […]

Read More

If you graduated in Spring 2013, congratulations! We hope you’ve already snagged a great new job in your field or major and are set up and ready to launch your new life. But even if you’re still struggling to find the job you want, are tending bar, or blending Frappuccinos, you’ve got to deal with […]

Read More

If you work for the government, non-profit, school, library, most any public service organization and many non-profits, you may be eligible for student loan forgiveness. Last week the Consumer Financial Protection Bureau (CFPB) announced that many people who are eligible for this excellent benefit are not unloading their loans. Roughly 25% of Americans work in […]

Read More