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Cash Land

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Congress told 80,000 firefighters and instructors it might forgive their figuratively speaking. Over a decade later on, a tangle of mismanagement has kept them from getting any such thing.

Despite Congress promising extensive education loan forgiveness over a decade ago, over 80,000 workers — lots of them instructors, cops, and firefighters — have actually yet to see their financial obligation eliminated.

Congress developed the Public Service Loan Forgiveness program (PSLF) in 2007 to encourage graduates to get into low-paying but necessary jobs — such as for instance teaching and law enforcement — without fretting about paying down figuratively speaking.