They Said My SAVE Forbearance Months Still Count Toward My IDR Forgiveness Clock. They Don’t.
SAVE forbearance months don’t count toward your IDR forgiveness clock. Unlike PSLF, there’s no buyback fix for IDR — here’s why, and what to do.
Public Service Loan Forgiveness
Judges Just Saved Public Service Loan Forgiveness — And Proved Borrowers Are Political Pawns
Federal judges struck down the Trump PSLF rule one day before it took effect. Here’s what it means for public service borrowers caught in the whiplash.
Student Loan Automatic Discharges to Proceed After Two Court Wins
Two court rulings in 48 hours cleared the path for automatic student loan discharges to proceed for 170,000+ borrowers. The Supreme Court upheld the Sweet v. McMahon settlement, and a federal judge denied the Education Department’s second attempt to delay. Here’s who qualifies and what to do.
Parent PLUS Loan Changes: What to Know Now
Quick Answer: Parent PLUS loans will no longer be available after June 30, 2026, and existing borrowers will lose access to Public Service Loan Forgiveness and most income-driven repayment plans. Parents should act before this deadline to secure current benefits, as new regulations will impose a likely $50,000 lifetime borrowing cap per child and eliminate …
Student Loan Programs: Red Flags CFPB Found
Quick Answer: The CFPB identified major red flags in student loan programs, including $128 billion in problematic private loans and new “income share agreements” that may result in illegal prepayment penalties and extremely high APRs. The federal agency’s 29-page report suggests student loan programs are so fundamentally flawed they cannot be fixed through one-time forgiveness …
Student Loan Servicer Review: Is It Legit?
Quick Answer: The CFPB found that student loan servicers and school-based lenders engaged in illegal practices, including withholding transcripts to force payments and blocking access to federal relief programs like Income-Driven Repayment and Public Service Loan Forgiveness. These examination findings confirm concerning legitimacy issues with some student loan servicers’ operations.The Consumer Financial Protection Bureau (CFPB) …
PSLF Forgiveness: Why You Must Fight for It
Quick Answer: PSLF borrowers must fight for forgiveness because Trump administration rule changes denied nearly all applicants who should have qualified. Biden’s temporary waiver programs are attempting to repair the damage, but political changes could reverse progress again depending on future elections.Question:Dear Steve,I went to college and was offered PSLF loan forgiveness for ten years …
Private Lenders and PSLF: Myth vs Reality
Quick Answer: Private student loans have zero chance of being included in PSLF or similar federal forgiveness programs, as the US government has consistently avoided regulating private loan companies. Only federal loans qualify for Public Service Loan Forgiveness, leaving borrowers with private loans like Navient without forgiveness options.Question:Dear Steve,I work in a public non-profit and …
Air Force Student Loan Forgiveness Options
Quick Answer: Air Force officers with $100,000+ in student loans can pursue Public Service Loan Forgiveness (PSLF), which forgives remaining federal loan balances after 120 qualifying payments under income-driven repayment plans. Military service qualifies for PSLF, though the program has faced implementation challenges across different presidential administrations.Question:Dear Steve,I am a senior in college about to …
EdFinancial Complaints: What the Records Show
Quick Answer: The CFPB sanctioned Edfinancial Services for deceiving student loan borrowers about Public Service Loan Forgiveness eligibility and other repayment options. The company must contact all affected borrowers with accurate information and pay a $1 million penalty.The Consumer Financial Protection Bureau (CFPB) recently sanctioned Edfinancial Services, a student-loan servicer, for making deceptive statements to …
