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AAU, Associations Ask ED to Extend PSLF Waiver

AAU joined ACE and five other higher education associations in sending a letter to Education Secretary Miguel Cardona urging him to extend the Public Service Loan Forgiveness waiver that expires on October 31. The waiver allows borrowers to receive credit for payments that previously did not qualify for PSLF.

The letter acknowledges the steps that the Education Department has taken to improve the PSLF program, including issuing a recent notice of proposed rulemaking that contains numerous enhancements to the program. The letter asks ED to either extend the waiver or implement the PSLF provisions contained in the NPRM early so that “there is no period during which determinations would be made without the modifications provided in the waiver and the proposed regulations.” Last week, AAU joined the higher education community in submitting comments on ED’s NPRM to make changes to student loan relief programs.

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