Tag: servants

Two public servants describe the government’s troubled student loan forgiveness program

Congress created the Public Service Loan Forgiveness Program (PSLF) in 2007 to help various kinds of public service workers erase their student debt after ten years of loan payments.

But management of the program is widely considered to be a failure as more than 98% of applications from teachers, firefighters, police, and other public servants are rejected.

Education Secretary Betsy DeVos has been sued multiple times over her department’s high denial rate, while Education Department (ED) officials contend that Congress designed the rules to be too restrictive.

To better understand the PSLF process, Yahoo Finance spoke with two public servants

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