Student-loan borrowers in public service are facing setbacks with debt relief
Source: Business Insider ·
Student-loan borrowers who made their final payments toward Public Service Loan Forgiveness are stuck waiting for their debt relief to process.
From the source
Student-loan borrowers are waiting for their final payments toward the Public Service Loan Forgiveness program to be processed.Douglas Rissing/Getty ImagesStudent-loan borrowers pursuing PSLF said they've waited months for their payment counts to be updated.It pushes off relief for borrowers who said they've made their final payments.Ongoing repayment challenges have prompted a push for increased congressional oversight.Student-loan borrowers are facing delays in a major forgiveness program.Borrowers pursuing the Public Service Loan Forgiveness program have reported delays in seeing payments made over the past few months count toward their progress. PSLF forgives student debt for government and nonprofit workers after 10 years of qualifying payments,Affected borrowers said they made their 120th payment and are waiting for their relief to be processed. A notice one borrower received from Federal Student Aid, reviewed by Business Insider, said that payment counts on the dashboard "haveā¦
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