Education Headlines

Education Department looks to expand Public Service Loan Forgiveness eligibility

  • 📰 CNBC
  • ⏱ Reading Time:
  • 48 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 72%

Personal Finance News

Personal Loans,Careers,United States

The U.S. Department of Education may extend eligibility of a popular student loan forgiveness program to early childhood educators.

It announced that it was issuing a request for information on potentially broadening the Public Service Loan Forgiveness program to include workers in early childhood education settings, many of whom receive low wages.

The Department on Thursday announced that it was issuing a request for information on potentially broadening the Public Service Loan Forgiveness program to include workers in early childhood education settings, "Early childhood educators help young children learn, grow, and thrive," said U.S. Under Secretary of Education James Kvaal in a statement.

"But they are often poorly compensated, and student debt is a problem," Kvaal added. "If these educators can access Public Service Loan Forgiveness, we can help our youngest children, their families, and their communities." The PSLF program, signed into law by President George W. Bush in 2007, allows certain not-for-profit and government employees to have their federal student loans canceled after 10 years of on-time payments. Including early childhood educators would likely expand the reach of the program to at least some for-profit employers .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Education Department looks to expand Public Service Loan Forgiveness eligibilityThe U.S. Department of Education may extend eligibility of a popular student loan forgiveness program to early childhood educators.
Source: nbcchicago - 🏆 545. / 51 Read more »

Department of Education steps in following University of Michigan and Hunter College civil rights complaintsThese are the first cases pertaining to post-Oct. 7 campus tensions to be resolved by OCR.
Source: dcexaminer - 🏆 6. / 94 Read more »

Transportation department, municipal court open center aimed at teen driver safety educationA multi-partner initiative under San Antonio’s Vision Zero Plan aims to address an issue in the city’s court systems: unlicensed teen drivers with traffic citations.
Source: ksatnews - 🏆 442. / 53 Read more »

Department of Education vows ‘full-scale review’ of financial aid office after FAFSA debacleHaley Messenger is a producer at NBC News covering business and the economy.
Source: NBCNews - 🏆 10. / 86 Read more »