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Education Dept. Unveils Fix For Education Loan Program’s ‘Bureaucratic Nightmare’

Education Dept. Unveils Fix For Education Loan Program’s ‘Bureaucratic Nightmare’

Public servants with student education loans had been furious, as well as the U.S. Department of Education heard them. The division unveiled Thursday so it will simplify the procedure for borrowers to use for an expansion for the Public that is troubled Service Forgiveness (PSLF) system.

The move uses a damning Government Accountability Office review, first reported by NPR. For the reason that 2019 review, the federal watchdog unearthed that throughout the expansion system’s first 12 months, the division switched away 99% of candidates.

The change — which the division posted to your Federal join with no news launch or other announcement that is public will address probably the most alarming revelations within the GAO’s review: 71% of denials had been basically as a result of a documents technicality. Read more