US Department of Education Announces Changes to Civil Service Loan Forgiveness Program – CBS Pittsburgh

0

By: KDKA-TV News Staff

WASHINGTON (KDKA) – Help is on its way for more than half a million people with student loan debt.

READ MORE: Clay Walker postpones Palace Theater concert to April 29

This follows an announcement by the US Department of Education that they are making changes to the troubled civil service loan cancellation program.

The program will affect people working in government nonprofit sectors with federal student loans. This includes first responders, nurses and teachers.

READ MORE: Former Leechburg police chief pleads guilty to improperly registering as a sex offender

People working in these industries will be eligible for student debt relief after making monthly payments for 10 years.

“This program was broken. More than nine out of 10 borrowers have been turned down and it has been going on for years, ”said Seth Frotman, executive director of the Student Borrower Protection Center.

The program was created by Congress in 2007 and has been criticized for its navigational difficulty and problems, including confusion over eligibility requirements.

NO MORE NEWS: US Department of Justice awards West Virginia $ 7.5 million for crime-fighting programs

For a complete list of program changes and to check your availability, go to Student help site at this link.


Source link

Leave A Reply

Your email address will not be published.