WASHINGTON, Oct. 31 -- Department Of Education has issued a rule called: William D. Ford Federal Direct Loan (Direct Loan) Program.
The rule was published in the Federal Register on Oct. 31 by Nicholas Kent, Under Secretary of Education.
Summary: The Secretary establishes new regulations on the Public Service Loan Forgiveness (PSLF) program in the William D. Ford Federal Direct Loan (Direct Loan) program under 34 CFR 685.219 by adding or clarifying provisions to exclude employers that engage in specific enumerated illegal activities such that they have a substantial illegal purpose, including defining obligations and processes tied to making such a determination of an employer, clarifying that borrowers will receive full credit for work p...