“ The initial cohort off individuals became eligible to provides their funds discharged within the system from inside the 2017, 99% of programs was indeed refused. ”
Borrowers just who grabbed out student loans out of 2010 with the, thereby who does first qualify for forgiveness below PSLF in https://guaranteedinstallmentloans.com/payday-loans-al/fort-payne/ the 2020, was in fact simply awarded the sort of mortgage you to definitely qualifies towards the program.
Due to the fact student loan ombudsman at User Financial Protection Bureau, he warned away from potential pressures against PSLF before the earliest cohort turned eligible for forgiveness.