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96 away from 28,000 Borrowers Approved for Public provider Loan Forgiveness … So what Does This Mean for everyone?

96 away from 28,000 Borrowers Approved for Public provider Loan Forgiveness … So what Does This Mean for everyone?

It is often one 12 months since student loan borrowers have now been theoretically entitled to have their loans forgiven underneath the Public Service Loan Forgiveness (PSLF) system. Yet, out from the 28,000 borrowers whom used, just 96 have experienced their loans forgiven. That is not as much as one percent of applicants.

That quantity is shocking and speaks volumes concerning the problems of a billion-dollar servicing industry. Continue reading