The US Department of Education continues to take applications for a student loan forgiveness program that will wipe out all or a portion of student loans for people who work at schools or for nonprofits, the Associated Press reports.
The Biden Administration introduced an expansion to the Public Service Loan Forgiveness Program last October to ease student loan debt for people in public service jobs. Some people who were eligible for the loan forgiveness after the October expansion were deemed ineligible because they did not have complete paperwork or their employers inadvertently didn’t submit proof of employment to the proper officials. Others could not prove they were eligible under the rewritten eligibility guidelines. Still, the acceptance rate for loan forgiveness exceeded the previous benchmark of 10% in 2019.
With the deadline for applications coming up at the end of October 2022, the Department of Education is encouraging people who may have applied improperly earlier to resubmit their applications.