Student loan forgiveness for public-sector workers will be temporarily paused. Here’s what you need to know
CNN
Student loan forgiveness for public-sector workers like teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house.
Student loan forgiveness for public-sector workers such as teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house. The transition is expected to last through July and will impact about 2 million borrowers enrolled in the Public Service Loan Forgiveness program, or PSLF, which cancels student debt remaining after an eligible borrower has made 120 monthly qualifying payments. The federally contracted student loan servicer MOHELA (Missouri Higher Education Loan Authority) is currently tasked with servicing the accounts of these borrowers. But after the transition, borrowers will find their up-to-date payment counts and other information at the Federal Student Aid office’s website. The change will also apply to the Teacher Education Assistance for College and Higher Education (TEACH) Grant program, which provides money to students who are planning to teach certain subjects in low-income districts. The grants, which are converted to loans if requirements aren’t met, are also serviced by MOHELA. The transition is part of a larger overhaul of the federal student loan system that will happen in phases over the next few years. It’s meant to streamline processing and improve customer service. The PSLF program had previously been plagued by administrative problems. Many borrowers, for example, were inappropriately steered into forbearance by their student loan servicer when they could have been making qualifying payments that counted toward the 120 required for debt relief. The Biden administration has made it easier to qualify for the program, canceling $62.8 billion for nearly 876,000 borrowers to date through PSLF.
House GOP Conference Chair Elise Stefanik delivered remarks at the Israeli Knesset Sunday, saying victory for Israel in the war against Hamas starts with “wiping” those responsible for the October 7 terrorist attacks “off the face of the Earth” and calling for a return to former President Donald Trump’s policies.
President Joe Biden on Sunday delivers his first commencement address of the 2024 season at Morehouse College, where the president may for the first time in months have to confront the angst that’s been percolating on college campuses nationwide toward his administration’s policies on the Israel-Hamas war.
Arab and Palestinian Americans left a meeting with Secretary of State Antony Blinken on Friday night frustrated they did not have a clear understanding of how the Biden administration might act upon their concerns as the Israel-Hamas war devastates the civilian population in Gaza, participants told CNN.