legal filing that borrowers may not be able to rely on a determination made by their student loan servicer regarding their eligibility for the Public Service Loan Forgiveness (PSLF) program. Under PSLF, workers in public service jobs can qualify for student loan forgiveness after making 120 qualifying payments on their loans.
While relevant statutes make clear that certain employers, such as government and 501(c)3 jobs, automatically qualify, the eligibility of employment at other non-profit organizations remains unclear. A pending legal case focuses on nonprofit organizations not specified in statute that servicers had previously said qualified for the program. As the New York Times recently reported, the Department has yet to provide any further guidance to workers or indicate if there will be any type of appeal process for those who have had their eligible status revoked.
Reid Setzer, Deputy Director of Policy and Legislative Affairs for Young Invincibles, released the following comment in response:
FOR IMMEDIATE RELEASE
Contact: Sarah Schultz, [email protected], 202-734-6510