In 2007, the Public Service Loan Forgiveness Program (PSLF) was signed into law. Since 10 years of payments and full time employment are a prerequisite for forgiveness, eligible loans can be forgiven for the first time beginning in October 2017, for those who have met the forgiveness criteria and have followed all the necessary steps to have their loans forgiven (more on the requirements later). This program extends loan forgiveness to public service employees, including those who work in a public school setting.
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