Student loan forgiveness for public servants could be pricier to access, after new changes

The Education Department quietly implemented changes to Public Service Loan Forgiveness that may make access pricier for some student borrowers. The regulatory tweak raises downside risk for affected borrowers and could modestly alter loan-servicing volumes and refinancing demand, but is unlikely to move broad markets.

Analysis

The Education Department quietly implemented changes to Public Service Loan Forgiveness that may make access pricier for some student borrowers. The regulatory tweak raises downside risk for affected borrowers and could modestly alter loan-servicing volumes and refinancing demand, but is unlikely to move broad markets.