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What to know about changes to public service loan forgiveness – All about Money

What to know about changes to public service loan forgiveness

Teachers, social workers and other public servants will soon have an easier time navigating a popular federal student debt relief program.

Starting in May, the Education Department will move away from having one contractor manage the Public Service Loan Forgiveness program. Instead, the agency will manage the debt relief effort through StudentAid.gov, the central hub for federal financial aid. The transition will help the department keep a closer eye on a program that has been criticized for being exceedingly complex and poorly managed.

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