Education Dept. Unveils Fix For Education Loan Program’s ‘Bureaucratic Nightmare’
Education Secretary Betsy DeVos testifies on Capitol Hill in Washington, D.C., in December. Alex Wong/Getty Photos hide caption
Education Secretary Betsy DeVos testifies on Capitol Hill in Washington, D.C., in December.
Public servants with student education loans had been furious, additionally the U.S. Department of Education heard them. The division unveiled Thursday so it will simplify the procedure for borrowers to try to get an expansion regarding 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 discovered that throughout the expansion system’s first 12 months, the division switched away 99% of candidates.
The change — which the division posted towards the Federal enter with no news release or any other announcement that is public will address very alarming revelations within the GAO’s review: 71% of denials had been basically because of a documents technicality. In line with the GAO, a lot more than 38,000 candidates had been rejected relief underneath the expansion — referred to as Temporary Expanded Public Service Loan Forgiveness (TEPSLF) — merely simply because they had not first sent applications for and been denied PSLF. Keep reading →