Major PSLF Update Explained: Changes Coming Summer of 2024

We have a new PSLF update announce: PSLF changes are coming in May and June. In this video, Joseph Reinke, CFA dives into the recent updates to the Public Service Loan Forgiveness (PSLF) program.

The government will temporarily shut down the PSLF processing as it transitions from Mohela to being handled directly by studentaid.gov. This shift represents a major change. We'll explore why the government is aiming to centralize loan services and how these changes are intended to streamline processes and possibly make it easier to manage PSLF claims. Furthermore, I'll provide practical tips on safeguarding your progress, like taking screenshots of your current status on Mohela before the switch. Join us as we analyze whether these changes could actually benefit you and discuss the broader implications for federal loan management. Don't miss out on understanding these crucial updates—stay informed to navigate your loan forgiveness journey effectively.


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