23 Sep VDI Co-Lead Organizations Urge Department of Education to Address Problems with PSLF
Veterinary Debt Initiative co-lead organizations the American Veterinary Medical Association (AVMA) and the Association of American Veterinary Medical Colleges (AAVMC) are integral parts of “The Coalition to Preserve PSLF*.” The coalition continues to push Department of Education Secretary Betsy DeVos to address the PSLF’s administrative problems. Specifically, the coalition sent a letter to remind the secretary she has the authority to waive requirements that borrowers be employed at a public service job when they apply for and receive PSLF even if they have fulfilled the requirements.The AVMA and AAVMC work closely with the Veterinary Medical Association Executives to lead the Veterinary Debt Initiative.
*Public Service Loan Forgiveness program
- A letter submitted by 16 senators in April urged the Senate Appropriations Committee to take additional steps to fix/bolster/safeguard the Temporary Expanded Public Service Loan Forgiveness Program (TEPSLF) and the Public Service Loan Forgiveness Program (PSLF). The fixes could help thousands of eligible borrowers receive loan forgiveness. The House-passed version of the FY 2020 appropriations bill includes these fixes plus an additional $350 million to implement the program, the same amount as provided in the previous two fiscal years. The Senate Appropriations Committee is expected to mark up its version of the bill next month.
- For more information about PSLF, visit AVMA’s PSLF webpage.
- If you or someone you know was denied from PSLF because you were not in the correct repayment plan, you may be eligible to receive funds under a TEPSLF program. Learn more at ed.gov.
The American Veterinary Medical Association (AVMA) wants to hear from veterinarians who would be impacted by cuts to the Public Service Loan Forgiveness program. Share your story here.