WASHINGTON, D.C. – The Department of Education has quietly updated its online guidance regarding the Public Service Loan Forgiveness (PSLF) Buyback Program. The Student Debt Crisis Center (SDCC) condemns this reckless change which threatens to prolong or remove public service workers’ access to a popular student loan benefit.
Borrowers are waking up to find their hard-earned progress toward Public Service Loan Forgiveness (PSLF) impacted by a catastrophic system failure, as their qualifying payment counts have been abruptly and inexplicably reduced on StudentAid.gov. While the Department of Education offers a vague acknowledgement of a "data issue," its refusal to disclose the full scope or provide a concrete timeline for restoration is an unconscionable betrayal of the people our nation depends o
The news surrounding the student loan landscape is constantly shifting, and new changes can be hard to understand. We have heard from borrowers across the country who share the same concern: what can I do now? We will outline actions and suggested next steps for borrowers in different situations to better understand their options and manage their student loans.
The Student Debt Crisis Center (SDCC) celebrates the historic progress in student debt cancellation for over one million public service w...
Oct 17, 2024
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