José Bayona, Executive Director of the Mayor’s Office of Ethnic and Community Media and Founder of Grassroots Strategies (grassroots.nyc), a consulting firm based in New York City is helping to get the word out about PSLF. City Hall has recently been making a serious effort to promote public service loan forgiveness — which is distinct from President Biden’s plan to grant student debt relief — in advance of an important October 31st deadline. The “PSLF Waiver” from the U.S. Dept of Ed makes as many as 250,000 New Yorkers eligible for student loan forgiveness — rectifying a broken program first introduced in 2007 for which fewer than 1% of applicants were ever successful. The Waiver expires on Oct 31, 2022. Anyone eligible for it must apply before then to get credit for past loan payments that previously didn’t count.
