After 48,000 NEA members demanded action, the U.S. Department of Education made major changes in the badly broken Public Service Loan Forgiveness (PSLF) program. A temporary waiver unveiled in October promises imminent relief for tens of thousands of public service workers, like educators, and eventual relief for hundreds of thousands more.
Now, NEA is urging the Department to broaden the waiver’s scope by allowing educators to revoke their Teacher Loan Forgiveness (TLF) awards. Many teachers took advantage of TLF without knowing it would affect their progress toward PSLF—often, because loan servicers provided misleading information.
Thanks to the waiver, over 30,000 individuals have already received more than $2 billion in loan forgiveness. In contrast, the program previously denied 98 percent of the applications filed and forgave just 16,000 borrowers in four years. Click for more information on navigating student debt and the PSLF waiver.