Blog | PSLFjobs.com

COVID-19 Federal Stimulus Package: How It Impacts Student Loans

Sep 04, 2020

Updated Sept 4th, 2020 By Presidential Executive Order, the halt of accruing interest and payments loans has been extended out to 12/31/2020. The extension applies only to the same federally-held loans as the original CARES Act and will most likely be implemented without any action needed by borrowers. The Dept of Education recently confirmed that this extended administrative forbearance will also count towards IDR and PSLF...

Dept of Ed Reports 350% Growth in PSLF Granted

Aug 04, 2020

The Dept of Education released its most updated report of PSLF activity and, from June 2019 to June 2020, tax-free loan forgiveness granted grew from $80 million to over $280 million, representing over 350% growth. While this data runs counter to what's being generally reported in the media about the PSLF program and its high declination rate, we expect exponential growth to be reported in the years to come, with granted forgiveness...

Student Loan Marketplace Update | July 2020

Jul 28, 2020

If you're not enrolled in an Income-Driven Repayment Plan and pursuing Public Service Loan Forgiveness just yet, this update may be a bit technical for you... but here goes anyway. You can always schedule a quick diagnostic with us HERE . Recently, there's been some "noise" out there related to student loan stimulus expectations, servicer changes and legislative proposals. To this end, we wanted to provide insight on a few things so...

5 Student Loan Actions to Consider After Graduation

Jun 04, 2020

If you're finishing school with significant student debt, and preparing to begin work during these trying times, rest assured that you're not alone... and that opportunity abounds. You may already know that the time between when you graduate and when you begin working, particularly for a non-profit or other PSLF-qualified employer, is a critical time to take action on your debt. But what action exactly? We’re glad you...

Just how many 501c3 non-profit jobs are out there?

Feb 05, 2020

We're so glad you asked! The US Bureau of Labor Statistics suggests that in 2016, there were 12.3 million 501c3 jobs in the US. To see these broken down further and by State, check out the article here: https://www.bls.gov/opub/ted/2018/nonprofits-account-for-12-3-million-jobs-10-2-percent-of-private-sector-employment-in-2016.htm Please note that this number does not include federal, state and local government or...

Marriage, Taxes & Student Loans

Feb 05, 2020

Guest post from DWOQ, February, 2020 http://dwoq.wpengine.com/marriage-taxes-and-student-loans/

The FUTURE Act and PSLF

Jan 19, 2020

You may have seen that President Trump just signed into law the FUTURE Act, and you’ll likely be hearing more about this into the New Year. While this legislation is getting most of its media attention for simplifying the FAFSA process and providing additional funding for minority-serving institutions, it does have a critical impact on IDR plan participants in the following ways: IDR plan participants can provide a...

Navient's Deceptive Practices Explained in New Report

Jan 15, 2020

https://www.forbes.com/sites/adamminsky/2019/09/24/unsealed-documents-reveal-navients-deceptive-student-loan-practices/#3aa5a4c23e7e

Over 1 Million Borrowers are Making Approved Payments for PSLF

Jan 07, 2020

We couldn't think of more appropriate news to introduce PSLFjobs.com to the world! We're the nation's first job platform connecting PSLF-qualified employers with graduate professionals who are eligible for tax-free loan forgiveness through the PSLF program. Welcome to our first blog posting! Whether you're a PSLF-qualifed employer, or a borrower looking for an eligible job... or you're trying to determine if this applies to you......