Federal Public Provider Loan Forgiveness Program Nevertheless Forgives Nearly Nobody

Federal Public Provider Loan Forgiveness Program Nevertheless Forgives Nearly Nobody

Final October, NPQ covered the general public Service Loan Forgiveness (PSLF) system and noted compared to initial 19,321 applications submitted for loan forgiveness, a total that is grand of passed muster. Those figures arrived on the scene year that is last A federal government Accountability workplace (GAO) report and had been centered on demands submitted at the time of April 2018.

Based on Michelle Hackman for the Wall Street Journal, information is available these days through March 2019 while the figures are…not far better.

As Hackman writes, “More than 73,000 individuals have sent applications for financial obligation forgiveness at the time of March 31 for this relating to Education Department information, but simply 864 have experienced their loans erased.

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