What is the timeline for student loan forgiveness?
The timeline for student loan forgiveness can vary based on the program. Are you referring to Public Service Loan Forgiveness or another program?
I'm interested in the Public Service Loan Forgiveness program.
For the Public Service Loan Forgiveness program, you need to make 120 qualifying payments while working full-time for a qualifying employer. It typically takes about 10 years to complete.
What happens after I make the 120 payments?
After making 120 qualifying payments, you can apply for forgiveness. If approved, the remaining balance on your loans will be forgiven.
Are there any recent changes to the forgiveness program?
Yes, there have been temporary changes that allow for more payments to qualify. It's best to check the official website for the latest updates.
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