Lawsuit alleges ‘gross mismanagement’ of student-loan forgiveness by the Department of Education

Too many student-loan borrowers are missing their chance to get the debt relief they deserve because Department of Education Secretary Betsy DeVos and her staff have botched the administration of a loan-forgiveness program, a new lawsuit charges.

A federal program allows teachers and certain government and non-profit workers to wipe away their student-loan debts if they fit the right criteria — most importantly, 10 years of repayment — but the lawsuit filed Thursday by a powerful teacher’s union and several borrowers alleges DeVos’ Education Department is engaging in “gross mismanagement.”

The Public Service Loan Forgiveness Program, a 2007 initiative that started accepted applications in 2017, has allowed loan forgiveness for 518 borrowers applications out of the 73,554.

>>> Original Source <<<