Education Dept. Unveils Fix For Education Loan Program’s ‘Bureaucratic Nightmare’

Education Dept. Unveils Fix For Education Loan Program’s ‘Bureaucratic Nightmare’

Education Dept. Unveils Fix For Education Loan Program’s ‘Bureaucratic Nightmare’

Education Secretary Betsy DeVos testifies on Capitol Hill in Washington, D.C., in December. Alex Wong/Getty Photos hide caption

Education Secretary Betsy DeVos testifies on Capitol Hill in Washington, D.C., in December.

Public servants with figuratively speaking had been furious, as well as the U.S. Department of Education heard them. The division unveiled Thursday that it’ll simplify the procedure for borrowers to use for an expansion for the distressed Public Service Loan Forgiveness (PSLF) system.

The move uses a damning Government Accountability Office review, first reported by NPR. For the reason that 2019 review, the federal watchdog discovered that through the expansion system’s first year, the division switched away 99% of candidates.

The change — which the division posted to your Federal enter with no news launch or other public announcement — will address probably one of the most alarming revelations within the GAO’s review: 71% of denials had been basically because of a documents technicality.Continue reading