A waiver that temporarily expands eligibility for the Public Service Loan Forgiveness Program will expire October 31, but the Biden administration said Tuesday that it is taking steps to make it ...

Under current legislation, student loan forgiveness is generally considered taxable income unless an exemption applies, according to Ken Ruggerio, CEO and President of Ascent Funding. However ...

The program, Public Service Loan Forgiveness or PSLF, was mismanaged for over a decade resulting in forgiveness for only a small portion of qualifying borrowers. "The idea was simple.

On Friday, the Biden-Harris administration announced another $4.28 billion in student loan forgiveness for nearly 55,000 borrowers in the Public Service Loan Forgiveness program. The latest debt ...

Student loan forgiveness for public-sector workers such as teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house.

Public Service Loan Forgiveness (PSLF) discharges borrowers' federal student loans after they make 120 qualifying student loan payments while working for the government or a nonprofit.

PSLF, which President George W. Bush signed into law in 2007, allows certain not-for-profit and government employees to have their federal student loans canceled after 10 years of payments.

Days before the PSLF waiver expires, Biden's Education Department announced permanent fixes to ease student-debt relief through the program. Business Insider Subscribe Newsletters ...

President Trump signed an executive order for changes to the PSLF program. Although nothing's been altered yet, the directive may impact who qualifies for forgiveness.

President Joe Biden lauded the latest tranche of debt cancellation – $4.7 billion for more than 60,000 student loan borrowers, according to administration officials – as a milestone in his ...

More Student Loan Forgiveness Is on the Way for PSLF Borrowers. What's Next for Debt Relief? The Biden administration has cancelled $180 billion in student loan debt.