Are you a public service employee? If so, you may qualify for expanded student loan debt forgiveness. PSLF workers are those who have worked for nonprofits, in the military, or federal, state, tribal, or local governments. The special relief requires PSLF workers to have 10 years of public service and to have made 120 monthly payments. There may be certain fact patterns that would allow employees with less than 10 years of service to apply and continue gaining credited service toward the 10-year requirement. It is imperative that you apply by October 31, 2022 to not miss out on this expanded student loan debt forgiveness. We will plan to run an article in the near future concerning student loan debt forgiveness for those who do not fall under the PSLF criteria.
Here are a couple of places to visit to learn more about this topic:
https://www.whitehouse.gov/publicserviceloanforgiveness/
https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service
Source: North Carolina Department of Revenue
Submitted by: Jeremy Fortner
