The Public Service Loan Forgiveness (PSLF) program was established after Congress signed into law the College Cost Reduction and Access Act (CCRAA) in 2007, yet not many people know about it. The PSLF can reduce or eliminate federal student loan balances for individuals who work full-time at a public service organization (nonprofit) for ten years. […]
Public Service Loan Forgiveness (PSLF)
WRITTEN BY: Melanie S. Hart, M.S. Family and Consumer Sciences Educator, Ohio State University Extension
REVIEWED BY: Amanda Woods, M.Ed. Healthy Finances Program Specialist, Family and Consumer Sciences, Ohio State University Extension
PHOTO CREDITS:
- Pixabay.com
SOURCES:
- Karen Fessler, Innovative Student Loan Solutions
REFERENCES:
- https://www.congress.gov/bill/110th-congress/house-bill/2669 (College Cost Reduction and Access Act)