“Public Service Loan Forgiveness”
If you work in the public service, this little-known government program called “Public Service Loan Forgiveness” could allow you to have all of your direct federal student loans forgiven, tax-free.
Public Service Loan Forgiveness By The Numbers
Never heard of this program before? You're not alone.
The estimated number of people eligible for student debt forgiveness:
SOURCE: CONSUMER FINANCIAL PROTECTION BUREAU, AUGUST 2013
The estimated number of people enrolled in student debt forgiveness:
SOURCE: U.S. DEPARTMENT OF EDUCATION, MARCH 2015