The average tax-free loan forgiveness granted today is over $90,000.
- Loan forgiveness is an effective federal subsidy to a qualified employer’s compensation, and it’s not being leveraged today due to misinformation and a lack of awareness about the PSLF program.
- The US Department of Education recently announced an overhaul that positively affects over 550k employees of 501c3 non-profits and federal, state and local governments and agencies.
- There’s currently over $125 billion of federal loan debt in the cue for PSLF, representing over 1.2 million individual borrowers.
- PSLF forgiveness granted has grown 750% year over year and now totals $3 billion for over 40k borrowers.
- Improper documentation is the leading cause of PSLF application denials. Support your team by driving the documentation process with the help of PSLFjobs.
NON-PROFIT AND GOVERNMENT EMPLOYERS
- Ready to start recruiting and retaining talent with federal loan forgiveness? Schedule a PSLF diagnostic for your organization.
- If you’re already promoting PSLF as a benefit, post jobs directly on our jobs board.
- Not sure your organization qualifies? Let us help you find out.
PSLF SALARY CALCULATOR
- Calculate a current or future employee’s “PSLF Salary” in less than 5 minutes. Schedule it HERE.
- Get an estimate of total payments required until PSLF is granted.
- Married? We’ll show payments for both Married Filing
Separately and Jointly. - Discounted, comprehensive loan consultations available through
DWOQ.
To schedule a PSLF diagnostic:
Fall Student Loan Marketplace Update
The End of the CARES Payment Halt After a 3 ½ year payment (and accruing…
SAVE, the Date.
How to Use SAVE to Get the Lowest Available Monthly Payment I was going to…
PSLF Changes That Borrowers Should Know About
As we hope you know, student loan payments have resumed for graduates. While this has…
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- Easiest PSLF calculator available anywhere!
Calculate your effective “PSLF Salary” in less than 3 minutes. - Get an estimate of total payments required until PSLF is granted.
- Married? Fear not, we show payments for both Married Filing Separately and Jointly.
- Discounted, comprehensive loan consultations available through DWOQ.
Qualifying Employers: We'll make sure your staff are maximizing their savings.
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