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Federal Student Debt Forgiveness Program Receives Massive Makeover

The Public Service Loan Forgiveness Program promised to erase public servants’ student debt. But few have managed to navigate its rules.

ATLANTA DAILY WORLD — The newly revamped Public Service Loan Forgiveness program will eliminate federal loans for all applicants after borrowers make 10 years of payments. An estimated 22,000 borrowers are eligible to get their loans canceled and an additional 27,000 borrowers could be deemed eligible if they get their past payments certified. Overall, a total of 550,000 borrowers are expected to be positively impacted by these changes.

The post Federal Student Debt Forgiveness Program Receives Massive Makeover first appeared on BlackPressUSA.

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