Navigating Student Loan Forgiveness and Challenges

This chapter delves into the nuances of the Public Service Loan Forgiveness Plan, outlining the eligibility requirements and the potential tax implications of loan forgiveness. It highlights the challenges borrowers face, such as default risks, misleading forbearance practices, and the overall stress from navigating student loan servicing. Additionally, the chapter emphasizes the need for better transparency in educational outcomes to aid prospective students in making informed financial decisions.