The College Cost Reduction & Access Act and AmeriCorps ...

The CCRAA added the Public Service Loan Forgiveness Program (PSLF) to the Direct Loan Program. Under PSLF, the Department of Education will forgive any outstanding balance and accrued interest on a borrower’s Direct Loan or Direct Consolidation Loan after the borrower makes 120 qualifying payments on the loan (on or after October 1, 2007). ................
................