Question: Dear Steve, In 1992 I had a small student loan for a career college in Indianapolis. A year later, I was sent to Federal prison and incarcerated for 26yrs and 3mos. Can I qualify for forgiveness? I definitely worked for UNICOR INDUSTRIES. Ivan Answer: Dear Ivan, I’m assuming you had a federal student loan. …
Question: Dear Steve, I went to college and was offered PSLF loan forgiveness for ten years of public service, which I started in 2011 and still work for the Commonwealth. I have filled out paperwork since they have these new programs that I shouldn’t have to split for. I have already full filled 120 payments …
Today the Consumer Financial Protection Bureau (CFPB) released a bulletin detailing student loan servicers’ obligation to halt unlawful conduct regarding borrowers’ eligibility and benefits under the Public Service Loan Forgiveness (PSLF) Waiver. The bulletin recommends actions servicers should consider taking to ensure they do not misrepresent borrower eligibility or make deceptive statements to borrowers about …
Question: Dear Steve, I am a teacher/counselor who went to college as a non-trad mother of two. I graduated in 1998 and secured a position as a counselor in FL with a debt of $35,000. I could not afford student loans with two boys and no child support, so I did forbearances, but then they …