Many army people and you can Shelter Department civilian personnel could benefit economically of an excellent 14-year-dated federal student loan loans forgiveness system, the main benefit are underused and you can misinterpreted, centered on another report off bodies auditor

Pair possess used so far to the Public service Loan Forgiveness system, as well as whoever has, on the 94 % have been refuted, according to the report off Government Accountability Office, exhibiting a significance of additional information on the qualification requirements.

GAO learned that of several individuals was indeed confused from the PSLF program standards. Security and you can Education institution officials have to collaborate, and you can force to get the term aside in regards to the program, their pros, and its own qualifications standards, auditors said, so you’re able to increase the number just who utilize the work with properly. (more…)