Education Dept. Unveils Fix For Education Loan Program’s ‚Bureaucratic Nightmare‘

Education Dept. Unveils Fix For Education Loan Program’s ‚Bureaucratic Nightmare‘

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, while the U.S. Department of Education heard them. The division unveiled Thursday so it will simplify the method for borrowers to utilize for an expansion associated with the distressed Public Service Loan Forgiveness (PSLF) system.

The move comes after a damning Government Accountability Office review, first reported by NPR. The federal watchdog found that during the expansion program’s first year, the department turned away 99% of applicants in that 2019 review.

The change — which the division posted to your Federal enter with no news launch or any other announcement that is public will address probably the most alarming revelations when you look at the GAO’s review: 71% of denials had been basically as a result of a documents technicality. Based on the GAO, significantly more than 38,000 candidates had been rejected relief beneath the expansion — known as Temporary Expanded Public Service Loan Forgiveness (TEPSLF) — merely since they had not very very first requested and been denied PSLF.

The division’s fix is always to combine the 2 programs into one form in order that borrowers trying to get TEPSLF will not need to file that is first separate application for PSLF.

The department said of the fix: „We believe borrowers will be better served by using a single form for both programs in a statement. „Education Dept. Unveils Fix For Education Loan Program’s ‚Bureaucratic Nightmare‘“ weiterlesen