Heather Jarvis: Public Service Loan Forgiveness
As part of the Public Service Career Fair, join Heather Jarvis, attorney and student loan expert for this briefing and dedicated Q&A for borrowers. After you register online, you will receive a confirmation email containing information about joining the webinar.
Scores of experienced public service workers have been frustrated in their attempts to qualify for loan cancellation under Public Service Loan Forgiveness. They were told they had the “wrong kind” of loans or that payments they made “didn’t count” towards the 120 qualifying payments required to earn forgiveness.
On Oct. 6, 2021, the U.S. Department of Education announced a Public Service Loan Forgiveness (PSLF) Limited Waiver Opportunity. For a limited time, restrictive requirements regarding loan type and repayment plan have been waived.
Also, the Biden administration is conducting a negotiated rulemaking process including revisions to the regulations governing PSLF and Income-Driven Repayment. New rules will be finalized and implemented by the summer of 2023.