Posted on Dec 27, 2018
More than 41,000 public service workers sought federal student loan forgiveness. The government...
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https://www.usatoday.com/story/news/nation/2018/12/27/student-loan-debt-department-education-public-service-loan-forgiveness-denial/ [login to see] /
His loan balance – which had been nearly $35,000 – had been reduced to zero.
After nine months of phone calls, chasing down paperwork – and even getting his senator involved – it was the confirmation he was hoping for: The U.S. Department of Education was forgiving his student loans under a program to help people who work in public service jobs.
Cuciak is one of a lucky few. Federal data released this week shows that 41,000 people have applied under the new Public Service Loan Forgiveness program – but as of Sept. 30, only 206 had received it.
That success rate – just 0.5 percent of borrowers who apply – has frustrated applicants, student advocates and consumer groups, who say borrowers made education and career decisions based on the government's promise that their loans would be forgiven.
His loan balance – which had been nearly $35,000 – had been reduced to zero.
After nine months of phone calls, chasing down paperwork – and even getting his senator involved – it was the confirmation he was hoping for: The U.S. Department of Education was forgiving his student loans under a program to help people who work in public service jobs.
Cuciak is one of a lucky few. Federal data released this week shows that 41,000 people have applied under the new Public Service Loan Forgiveness program – but as of Sept. 30, only 206 had received it.
That success rate – just 0.5 percent of borrowers who apply – has frustrated applicants, student advocates and consumer groups, who say borrowers made education and career decisions based on the government's promise that their loans would be forgiven.
More than 41,000 public service workers sought federal student loan forgiveness. The government...
Posted from usatoday.com
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Posted 6 y ago
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While I didn't make a whole lot when I was an E-5 in the Army, in general, public-sector jobs tend to pay more than they used to: https://www.huffingtonpost.com/moneytips/federal-employees-earn-50_b_8855508.html
Federal Employees Earn 50% More Than The Private Workforce
MoneyTips "It's good enough for government work." This old phrase regarding the quality of work can now be turned around to say, "Government...
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Sounds almost like they were trying to get disability for a service connect injury.
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