Student-debt relief is in limbo for borrowers pursuing a major forgiveness program for public servants

Student-loan borrowers have reported delays with Public Service Loan Forgiveness processing. Some have made the required amount of payments, but are waiting for the relief to be reflected. At the same time, PSLF eligibility is facing ongoing litigation. A major student-loan forgiveness program is facing changes — and delays. Student-loan borrowers pursuing Public Service Loan…

Student-debt relief is in limbo for borrowers pursuing a major forgiveness program for public servants

Student-loan borrowers have reported delays with Public Service Loan Forgiveness processing. Some have made the required amount of payments, but are waiting for the relief to be reflected. At the same time, PSLF eligibility is facing ongoing litigation. A major student-loan forgiveness program is facing changes — and delays. Student-loan borrowers pursuing Public Service Loan…

Student-Loan Forgiveness Is at Stake for PSLF Borrowers

A major student-loan forgiveness program is facing changes — and delays. Student-loan borrowers pursuing Public Service Loan Forgiveness, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments, have found that their payment counters have not updated to reflect payments that put them at the forgiveness threshold. For example, some…

Massachusetts wipes $52 million in debt for 6,000 consumers, bans collector accused of seizing cars

Photo Credit: Getty Images More than 6,000 Massachusetts consumers are set to receive relief from roughly $52 million in debt after the state secured a major settlement against an alleged predatory debt collector. Here’s what to know According to Boston.com, Attorney General Andrea Campbell announced on Sept. 15 that Massachusetts had settled with Avon-based debt…

Massachusetts wipes $52 million in debt for 6,000 consumers, bans collector accused of seizing cars

More than 6,000 Massachusetts consumers are set to receive relief from roughly $52 million in debt after the state secured a major settlement against an alleged predatory debt collector. Here’s what to know According to Boston.com, Attorney General Andrea Campbell announced on Sept. 15 that Massachusetts had settled with Avon-based debt collector Judgment Acquisitions Unlimited,…