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turbinetree

(24,695 posts)
Sat Oct 16, 2021, 12:04 PM Oct 2021

Borrowers denied student loan relief will get a second look

By Associated Press -October 16, 2021 10:00 AM

A settlement announced Wednesday aims to resolve a 2019 suit accusing the Department of Education under Secretary Betsy DeVos of mismanaging its Public Service Loan Forgiveness program.

Thousands of public servants who were rejected from a student loan forgiveness program will get their cases reviewed by the Education Department as part of a settlement in a lawsuit brought by one of the nation's largest teachers unions.

The settlement announced Wednesday aims to resolve a 2019 suit accusing the department of mismanaging its Public Service Loan Forgiveness program — a troubled initiative that the agency is separately working to fix through an overhaul announced last week.

The suit was brought by the American Federation of Teachers on behalf of eight members who said they were wrongly denied debt cancellation through the program.

https://americanindependent.com/student-loan-public-service-debt-cancel-betsy-devos-department-education-review/

I posted this and thought of all those that are on social security that have student loans that are outstanding have not been given some relief, even if they are not public servants...a lot of people took out loans during 9/11 that were laid off, some took out loans during the bank crises, some took out loans during the housing crises....

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Borrowers denied student loan relief will get a second look (Original Post) turbinetree Oct 2021 OP
At least lower the interest to 1 percent jimfields33 Oct 2021 #1
Still waiting on a response to my application underpants Oct 2021 #2

jimfields33

(15,787 posts)
1. At least lower the interest to 1 percent
Sat Oct 16, 2021, 12:15 PM
Oct 2021

Yes the student did sign promising to pay back their loans. I think paying one percent interest is fair for both sides.

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