Apply for PSLF Student Loan Debt Relief by Oct. 31
From Forbes website, published Oct. 6, and email from Twin Cities Tax: The Biden Administration has announced sweeping changes to Public Service Loan Forgiveness (PSLF), a federal student loan forgiveness program that has been mired in problems. If you have a PSLF loan, time is short and you need to act immediately. While open for applications, the process remains in the beta testing phase.
The article from Forbes states that key requirements had restricted eligibility for PSLF to only certain types of federal student loans and certain repayment programs. The result will be a significant expansion of the program that could ultimately benefit nearly 600,000 student loan borrowers, according to the Department of Education.
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