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tag: Loan forgiveness

Blog Post
June 14, 2022

Forgive and Forget? Understanding the Impact of State-Funded Student Loan Forgiveness Programs

While student loan forgiveness is trending at the federal level, little attention has been directed towards learning from state approaches or the impact that federal forgiveness could have on state policy and practice. While not all states have programs, some have loan forgiveness options that pre-date the main federal program, Public Service Loan Forgiveness, or PSLF. Twenty states operated state-funded student loan forgiveness programs in 2020, spending over $65 million to forgive or partially repay students’ loans. …