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tl;dr: In 2007, the federal government established a student loan forgiveness program for grads who went into public service jobs. After 10 years of service, those loans could be forgiven. Lots of people took jobs with that expectation.

Well, it's 10 years later, and now the Education Department says that its own loan servicer wrongly approved a bunch of people for debt forgiveness, and without appeal, will now reject them, leaving their loans intact.

Bottom line: if you have debt forgiveness through this program (as I know many who do), you're gonna want to check your paperwork reeeeeeeal carefully.

Link in the NYT



Submitted March 31, 2017 at 08:45AM by INSANITY_WOLF_POOPS http://ift.tt/2oiQfBK

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