Episode 145
The Future of the Public Service Loan Forgiveness Program
Student Loan Planner · Travis Hornsby
September 7, 202136m 42s
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Show Notes
There's a lot of talk around the Public Service Loan Forgiveness Program. In the last several months, we saw new developments unfold, and there's no doubt we'll see more changes in the years to come. I'm diving in and giving my thoughts on the current state of PSLF and what we could expect come election season in 2024 and beyond.
In today's episode, you'll find out:
- Why very few borrowers qualified in the beginning of the program
- Why most people who apply for PSLF are denied
- Why graduates after 2014 shouldn't worry about qualifying for PSLF
- Why is it for the best to make the approval process difficult
- Who benefits from the temporary expanded PSLF program
- My thoughts on two diverging paths that PSLF could take in 2024
- Other potential developments for the PSLF program in the near future
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