PSLF letters may be invalid

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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Milksteak
Posts: 37
Joined: Wed Jun 01, 2016 11:19 pm

PSLF letters may be invalid

Postby Milksteak » Fri Mar 31, 2017 8:03 am

Article below. Fellow future PI attorneys, we better start paying attention in admin law. This is fucked.

https://www.nytimes.com/2017/03/30/busi ... hone-share

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zot1
Posts: 4474
Joined: Thu Jan 31, 2013 12:53 am

Re: PSLF letters may be invalid

Postby zot1 » Fri Mar 31, 2017 8:06 am

I was about to send my cert letter. It sounds like we are pretty much fucked. Hahahahahahaha.

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Nebby
amateur huffpo
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Joined: Sat Feb 01, 2014 12:23 pm

Re: PSLF letters may be invalid

Postby Nebby » Fri Mar 31, 2017 8:15 am

They're not "invalid." Rather, they're non-binding.

To be safe, everyone wanting PSLF should generally stick to government and 501c3 nonprofits only.

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A. Nony Mouse
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Joined: Tue Sep 25, 2012 11:51 am

Re: PSLF letters may be invalid

Postby A. Nony Mouse » Fri Mar 31, 2017 8:31 am

Yeah, there was discussion about this last month or so. It's truly sucky that the DoE would change its mind about these people's employment, but they're also all (most?) in ABA-related positions that are more policy/almost lobbying as opposed to providing services. But people do need to be careful.

Edit: sorry, 2 are ABA-related. 1 worked for an immigration lawyers association, and the last for veterans' aid services.

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NCGuy
Posts: 1607
Joined: Sun Jul 31, 2011 12:20 am

Re: PSLF letters may be invalid

Postby NCGuy » Sat Apr 01, 2017 3:30 pm

Yeah, I did independent research on these organizations. None of them are actual 501(c)(3)s so the people were already dancing in a grey area. The DoE are clearly acting wrongly here but the plain language of the statute (and the language on the promissory note) says that 501(c)(3)s and government positions are always eligible, no matter what. Everyone else is basically only if they offer "eligible services." The DOE has no discretion on the former but WIDE discretion on the latter.

As I've said before on student loan coverage in the media, this is irresponsible because it paints the picture that the DoE is just going to stop approving PSLF applications.




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