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Whoa 60K new PSLF enrollees every quarter

That has started to change. The latest CBO estimate, which c...
stirring carnelian newt
  07/25/17


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Date: July 25th, 2017 6:39 AM
Author: stirring carnelian newt

That has started to change. The latest CBO estimate, which came as part of the budget agency’s analysis of President Donald Trump’s proposal to end PSLF for new borrowers, is part of the growing evidence that the program will forgive far more debt for far more people than anyone originally thought. The Department of Education now publishes enrollment figures that show nearly 60,000 new borrowers enroll in PSLF every quarter. Other Department statistics show that most participants borrowed well in excess of $50,000 in federal loans and one-third borrowed more than $100,000. Such high debt levels indicate that the program is mostly benefiting borrowers with graduate degrees.

http://www.politico.com/agenda/story/2017/07/21/public-service-loan-forgiveness-cost-double-000478

(http://www.autoadmit.com/thread.php?thread_id=3684246&forum_id=2#33849552)