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Public Service Loan Forgiveness

In 2012, a new student loan repayment plan, Pay As You Earn (PAYE) was passed into law. PAYE offers law graduates: 1) repayment through affordable monthly income-based payments and 2) loan forgiveness provisions.   If a borrower elects PAYE and makes ten years of payments while engaged in full-time public service, the unpaid balance is forgiven by the federal government.

The following websites provide detailed information about the Federal Public Service Loan Forgiveness Program: