ERIC Number: ED600417
Record Type: Non-Journal
Publication Date: 2018-Sep
Pages: 34
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Public Service Loan Forgiveness: Education Needs to Provide Better Information for the Loan Servicer and Borrowers. Report to Congressional Requesters. GAO-18-547
Emrey-Arras, Melissa
US Government Accountability Office
Starting in September 2017, the first borrowers became eligible and began applying to have their loans forgiven through the Public Service Loan Forgiveness (PSLF) program. The US Government Accountability Office (GAO) was asked to review the PSLF program. This report examines the (1) number of borrowers pursuing PSLF and the extent to which the Department of Education (Education) has conducted outreach to increase borrower awareness of program eligibility requirements; and (2) extent to which Education has provided key information to the PSLF servicer and borrowers. GAO analyzed data from the PSLF servicer on employment and loan certifications and loan forgiveness applications as of April 2018; reviewed Education's guidance and instructions for the PSLF servicer; assessed the information used by Education and the PSLF servicer and communicated to borrowers against federal internal control standards; and interviewed officials from Education and the four largest loan servicers, including the PSLF servicer.
Descriptors: Student Loan Programs, Federal Aid, Public Service, Loan Repayment, Federal Programs, Program Effectiveness, Access to Information, Outreach Programs, Public Agencies, Program Administration, Higher Education
US Government Accountability Office. 441 G Street NW, Washington, DC 20548. Tel: 202-512-6000; Web site: http://www.gao.gov
Publication Type: Reports - Research; Legal/Legislative/Regulatory Materials
Education Level: Higher Education; Postsecondary Education
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: US Government Accountability Office
Grant or Contract Numbers: N/A
Author Affiliations: N/A