Washington Congress tried to make it easier for borrowers to apply for federal student loan debt forgiveness, but almost everyone who's applied has been rejected, according to a government report released Thursday.
The Education Department denied 99% of requests for relief processed under the newly expanded Public Service Loan Forgiveness program, according to a review by the Government Accountability Office released Thursday. Only 661 applications were approved while 53,523 were denied during the first 12 months after the fix was put in place. Congress set aside $700 million to expand the program in 2018 in response to the low number of people qualifying for forgiveness.
whats the point then 😕
BetsyDeVosED doing her best work!
Details of the Rejection of Application should had be clearly stated as well as probability of reapplying.
Betsy Devos is the second to last person that should have anything to do with education! The first is Donald Trump!
Wasn't that the plot of Grisham's 'The Rainmaker'?
“The bipartisan fix ... was meant to allow those borrowers who had been in the wrong repayment plan to qualify... requires a borrower to have first applied and been rejected to the original program. About 71% of those who had been rejected by the fix had not done so”
Worthless law
usedgov is a trash agency. Can’t manage the huge contracts for student loan servicing, can’t manage PSLF. BetsyDeVosED should resign.
A LOAN has to be repaid !! Goofs ! 😁
good. pay your dam loan money back.
U still on tv ? 😁
No free lunches, America
Don’t take them if you can’t pay them back, damn it’s really easy.
Yea...I tried this on my loans at the bank and was denied.
I feel bad for the 1% that did get it.
the student needs to PROVE what they used funds for. they use it towards other things besides school.
If your degree has the word 'studies' in it (and most liberal arts majors), you should be automatically ineligible for student loan debt forgiveness.
They should probably just cancel all of it and set a couple generations free
Meh.... these students knew the cost and still signed up for the courses. Man-up and pay your bills
Betsy De-Idiot
If they supported me then I would do it!
Good. You should be responsible for your own bad decisions.
Outstanding!!! Nothing is free idiots!!!!