Public Service Loan Forgiveness qualifications: Which student loans are eligible?

Public Service Loan Forgiveness: Do You Qualify and Is It Right For You?

One of the most popular student loan programs out there is Public Service Loan Forgiveness (PSLF)

and it’s no wonder why. The program promises big rewards for student loan holders by completely wiping away the balance of their debt.

As with a lot of programs, though,the application requirements can be confusing. Additionally,

efore pursuing Public Service Loan Forgiveness, you need to ask yourself if PSLF makes sense for your financial situation

To find out what you need to know about qualifying for Public Service Loan Forgiveness

Public Service Loan Forgiveness is a federal program designed to forgive student loan debt for employees of certain public and nonprofit jobs

For most borrowers, this means you’ll need to work for 10 years before receiving loan forgiveness from PSLF.

some borrowers have counted on PSLF only to discover — 10 years later — that they didn’t meet all the criteria