Loan Forgiveness for Public Service Employees Under the William D. Ford Direct Loan Program
Description:
The College Cost Reduction and Access Act of 2007 (CCRAA; P.L. 110-84) establishes a new loan forgiveness provision for borrowers of loans made under the William D. Ford Direct Loan (DL) program who are employed in public service jobs for 10 years during the repayment of their loans. This report provides a brief description of the DL program loan forgiveness provision for public service employees and identifies issues that may be addressed as it is implemented.
Date:
January 28, 2008
Creator:
Smole, David P.
Partner:
UNT Libraries Government Documents Department