Entity: Public Service Loan Forgiveness program
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Public Service Loan Forgiveness program

5 Facts
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The Public Service Loan Forgiveness program cancels federal student loans for qualifying government employees and many nonprofit workers after the borrowers have made ten years of qualifying payments.
October 30, 2025 high program_rule
Core operational rule describing how loan cancellation under PSLF is achieved.
Eligibility criteria for the Public Service Loan Forgiveness program focus primarily on an employer's tax-exempt status and the organization's field of work, and the program covers workers such as teachers, firefighters, and employees of public hospitals.
October 30, 2025 high policy
Typical eligibility factors and common covered occupations under PSLF.
As of October 30, 2025, the Public Service Loan Forgiveness program had canceled federal student loans for more than 1 million Americans.
October 30, 2025 high statistic
Cumulative impact of the PSLF program reported as a milestone figure.
The Public Service Loan Forgiveness (PSLF) program was created by the U.S. Congress in 2007 to encourage college graduates to work in lower-paying public sector jobs.
January 01, 2007 high temporal
Origin and purpose of the PSLF program.
Eligibility for the Public Service Loan Forgiveness (PSLF) program is primarily determined by an employer's nonprofit tax status and the employer's field of work.
high descriptive
Summarizes the main employer-related eligibility criteria for PSLF established by statute.