Student Loan Forgiveness Program Approval Letters May Be Invalid, Education Dept. Says

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MCFC

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Student Loan Forgiveness Program Approval Letters May Be Invalid, Education Dept. Says

Postby MCFC » Fri Mar 31, 2017 10:59 am

https://mobile.nytimes.com/2017/03/30/b ... wsuit.html

This is in the context of the PSLF lawsuit that was discussed on here a few months ago. viewtopic.php?f=23&t=272384&p=9708662&hilit=PSLF+LAWSUIT#p9708662

NyuIwantu

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Re: Student Loan Forgiveness Program Approval Letters May Be Invalid, Education Dept. Says

Postby NyuIwantu » Fri Mar 31, 2017 11:42 am

From what I've read, it's all about non-profits which are tax-exempt under provisions other than 501(c)(3). VVA (mentioned in the article) is a 501(c)(19). The PSLF program is much more vague about organizations which are not 501(c)(3).
The ABA is more complicated. They have a branch which is under 501(c)(3) whereas the bulk or the organization is 501(c)(6). So it's harder to quantify where the salary comes from...



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