Public Service Workers Can Now Apply for Student Loan Forgiveness

In 2007, the federal government created a program that would forgive student loans for people who worked in public service jobs for at least 10 years.

Now, the first participants in the Public Service Loan Forgiveness program (PSLF) can start applications — which, if approved, would scrap their remaining debt. More than half a million Americans who worked government or nonprofit jobs in the public sector paid 10 years worth of monthly payments as part of the program.

Jennifer Calfas | Time: Money

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