Public Service Loan Forgiveness (PSLF): How to qualify for student loan forgiveness
#studentloandebt #studentloans #pslf #debt #debtrelief
This is different from President Biden's $10,000 student loan forgiveness program.
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LaRita breaks down the requirements of the PSLF and tells you how you can be free of your student loan debt in 10 years max! The student loan debt crisis is a hot topic and many people are trying to find ways to address it. LaRita talks about the ways you can get rid of your student loan debt by following all of the requirements set by the program. Also, make sure you pay attention as the Department of Education has changed who they contract with for servicers of loans. Your servicer may change, but make sure you keep record of payments in case records lost! Also, check out studentaid.gov for ways to consolidate your non qualifying loans into a qualifying federal loan. Consolidate right away so that you don't miss out on qualifying payments!
Resources:
Public Service Loan Forgiveness
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Special Programs under Fedloan
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Bleak new stats for PSLF
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Consumer Financial Protection Bureau
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CFPB sues Navient
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Joe Biden and Bernie Sanders: Free College, Student Loan Forgiveness and Crack down on For-Profit Colleges
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Reasons why you could denied a federal loan
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