64-year-old can't get PSLF student-loan relief after paying for decades

Norge Nyheter Nyheter

64-year-old can't get PSLF student-loan relief after paying for decades
Norge Siste Nytt,Norge Overskrifter
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Meet a 64-year-old therapist who's been making student-loan payments for decades while working in public service — but still hasn't gotten loan forgiveness

Greg Ogden doesn't regret taking out his student loans. He just never anticipated he would be paying them off for so long.

But after an unanticipated forbearance period because of his divorce a few years after he started repayment on his graduate-degree loan — in which he was not making monthly payments but interest was still growing — Ogden found his balance was growing beyond what he originally borrowed. Now, he said he owes about $25,000 in student debt, and he's frustrated it's still hanging over his head at this point in his life.

"I have no idea when I'll be done," Ogden told Insider."I'm happy my wife won't have to worry about this if I die because I guess it can't go after a spouse. But I've had this hanging around my neck longer than it should have."announced temporary reforms to PSLF But in April, he said he received a letter that his application was rejected because he had failed to properly certify one of his public-service employers. While the Federal Student Aid officeto certify employment by allowing digital signatures following issues with applications being rejected for minor errors, those reforms are still a work in progress. Ogden said his only option right now is to reapply for PSLF and hope for the best.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

BusinessInsider /  🏆 729. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

TympaHealth: Hearing assessment startup secures $23 million Series ATympaHealth, a startup making hearing tests more accessible, just raised $23 million with this 27-slide pitch deck
Les mer »

How big is SpaceX's Starship mega-rocket?Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »

First Republic advisors are fleeing to firms like Morgan StanleyWealth advisors once snubbed Wall Street for First Republic. Now, they are running back to firms like Morgan Stanley.
Les mer »

iPhone thieves using 'recovery key' to lock Apple accounts: reportInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »

20 cities where rent is falling as prices rise nationally: reportRent continues to climb across the nation — but apartments in these 20 cities are actually getting more affordable
Les mer »

FBI searches former FTX exec $4 million home: NYTInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »



Render Time: 2025-03-07 01:44:46