'Perhaps this was an oversight of the Department of Education but if past behavior is any indication of future performance, these borrowers are justified in their skepticism and well within their rights to consider legal action'
Christina is a 40-something Arizonan who has dedicated her career to public service. From her years working in the State of Arizona Department of Economic Security to her years spent working for a public university, if there ever was a candidate to receive full student debt cancellation by way of the Public Service Loan Forgiveness program “PSLF,” it would be a candidate like Christina.
People are also reading… Christina’s story illustrates an epic failure of the disastrous PSLF program, yet her story is by no means unique. White House statistics as of May 2023 indicate that there are over 20 million public servants employed by the US government. Moreover, public servants make up 7.75% of the total adult population of 258 million people.
While there are some permanent changes coming to the PSLF program starting on July 1, such as establishing a flat 30-hour work week, credit to adjunct faculty refining which deferment periods count towards PSLF, allowing contractors who provide services to publicly funded institutions to apply for PSLF, and a formal reconsideration process, these changes do nothing for borrowers such as Christina whose applications are stuck in a holding pattern until the Department of Education gets around to...
If one were to point to the genesis of this insidious crisis, it would be the unique removal of constitutional bankruptcy protections and truth in lending laws from student loan debt which essentially gives license to both the federal government and private lenders to trap millions of borrowers into a lifetime of indentured servitude. Perhaps this was an oversight of the Department of Education.
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