The Dept of Education Shifts PSLF Processing from MOHELA: The Real Reason and Borrower Impact

The Public Service Loan Forgiveness (PSLF) program is undergoing major changes. The government is taking over processing from MOHELA, and a temporary pause is expected in May and June. How will this affect you? First, don’t panic — PSLF isn’t shutting down. The government is simply pausing processing while they transition everything over. But you’ll want to take a few proactive steps to safeguard your payment count before the transition happens. Listen in as I dissect the real reasons behind these changes. Could it be a strategic move in the future student loan management? Find out how it can impact your forgiveness: Why the Department of Education is hitting the pause button on PSLF When to expect service disruption for your student loan management How the transition from MOHELA to the government impact PSLF processing The motivation behind the government’s decision to take PSLF from MOHELA How the temporary shutdown will affect you, especially if you’re expecting forgiveness in May or June Implications of the Department of Education’s plan to centralize PSLF tracking What you need to do now to safeguard your payment count   Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning   Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!