He just had $60,000 in student debt canceled — and the Education Department refunded him money.
Key Points
Jason Edwards, a communications professor, learned seven years too late that he didn't qualify for public service loan forgiveness. Then a surprise came. Last year, Congress authorized a $350 million "fix" to the public service loan forgiveness program, which gave him another change at applying.Jason Edwards and his wife, Amber, and his son, Robbie, a communications professor at Bridgewater State University in Massachusetts, learned seven years too late that he didn't qualify for public service loan forgiveness.
By the end, you need to have made 120 qualifying, on-time payments in an income-driven repayment plan or the standard repayment plan. Yet, like tens of thousands of other people who work in public service and carry student debt, Edwards had unwittingly not met one of the technical requirements all those years.to provide consumers with full, accurate information about the option. And the student loan system is famously complicated, with some 14 ways to repay your education debt, a web of forgiveness options and a soup of wonky terms such as "forbearance" and "deferment.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Fashion’s Jason Wu on Decorating and Matching Furniture to Your PetsThe fashion designer, releasing a new collection of upholstered furniture this month, talks interior design challenges, his decorating faux pas, and risky paint colors.
Baca lebih lajut »
Jason Ensler Inks Overall Deal With 20th Century Fox TV, Joins ‘Love, Simon’ Disney+ SeriesEXCLUSIVE: Director/producer Jason Ensler is expanding his relationship with 20th Century Fox TV, signing an overall deal with the studio, part of Disney TV Studios. Under the pact, Ensler will ser…
Baca lebih lajut »
Think Tank: How Luxury Brands Can Stay Ahead in the Age of AmazonJason Grunberg is vice president of marketing at Sailthru, an AI-driven marketing platform.
Baca lebih lajut »
Kevin Smith & Jason Mewes Planning To Trip San Diego Comic-Con Out With ‘Jay and Silent Bob Reboot’The Marvel Cinematic Universe, It: Chapter 2, Top Gun: Marverick, and a Game of Thrones reunion — you would think that we’re all set at San Diego Comic-Con, but there’s more. Heav…
Baca lebih lajut »
'The Angry Birds Movie 2' Final Trailer Offers Closer Look at Birds and Pigs' Plan to Take on New ThreatThe latest preview introduces the new character Silver, voiced by Rachel Bloom, who is an annoyance to Red (Jason Sudeikis).
Baca lebih lajut »
Forget bottles, cans and boxes: Kegged wine is what’s nextEcho Park wine bar owner Jason Piggott works with sought-winemakers across California and Oregon to source kegs for Bar Bandini's innovative tap program.
Baca lebih lajut »