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Public Service Loan Forgiveness (PSLF) Program update

The 2018 White House budget called for elimination of the Public Service Loan Forgiveness (PSLF) program (see page 129).  On May 23, 2017 the Education Department announced that hundreds of thousands of individuals on track for loan forgiveness under PSLF would not be affected by the current administration’s proposal to get rid of the benefit.  Education officials have since clarified that the president’s proposal would only affect people taking out loans on or after July 1, 2018.   

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