Veterans and active-duty service members can get one step closer to student loan forgiveness through the Public Service Loan Forgiveness (PSLF) program. Applications must be submitted by October 31, 2022.
The Department of Education will allow months spent on active duty to count toward PSLF, even if the service member’s loans were on a deferment or forbearance rather than in active repayment. This change addresses one major challenge service members face in accessing PSLF.