Public Service Loan Forgiveness

Public Service Loan Forgiveness (PSLF) is a federal program that forgives the remaining federal student loan debt for borrowers who work full-time in qualifying public service jobs (like government or nonprofit organizations) and make 120 qualifying payments (roughly 10 years). To be eligible, borrowers must consolidate eligible loans, make consistent payments under a qualifying repayment plan, and submit employment and payment certifications. The goal is to encourage careers in public service by providing debt relief after fulfilling these criteria, reducing the financial burden for those committed to helping their communities.