To mark Public Service Recognition Week, the U.S. Department of Education (Department) today announced that, as of the beginning of May 2023, it has approved a total of $42 billion in Public Service Loan Forgiveness (PSLF) for more than 615,000 borrowers since October 2021. This is a result of the temporary PSLF changes made by the Biden-Harris Administration that made it easier for borrowers to reach forgiveness. At the end of the previous Administration, only about 7,000 borrowers had been approved for the PSLF program.
Additionally, the Department is announcing the implementation of improvements to the PSLF Help Tool, which borrowers use to apply for the program. These updates will, for the first time, let borrowers complete the entire PSLF application process online, and borrowers will no longer need to fax or mail in their application with a wet signature. Allowing borrowers to submit e-signatures for themselves and request e-signatures from their employers will significantly decrease processing time. In addition, borrowers can now digitally track the status of their PSLF form in the My Activity section of their StudentAid.gov account, where they can see updates such as whether their employer has digitally signed their PSLF form and when their form has been processed. This upgrade is in addition to the Biden-Harris Administration's long-term improvements to the PSLF program, slated to take effect in July 2023, which will provide lasting benefits for borrowers.
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PEORIA, AZ (AZFamily) — A man from Peoria was indicted last week for allegedly fraudulently billing the state’s Medicaid program over $33 million in a year to buy property and a luxury vehicle. A ...