And for those with advanced degrees, we expect to reduce average payments by $7,000 per year for those who are public service or nonprofit employees. Thanks to the federal government's Public Service Loan Forgiveness Program, you can have your debt forgiven after 10 years of payments. and we're helping you get that benefit. It will also help families save up to $10,000 per year through college planning resources. (07:51–08:01)
CLAIM
Asserts that the Public Service Loan Forgiveness Program allows debt forgiveness after 10 years of payments.
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