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This 'loophole' allows high-income earners to get six figures' worth of student loan forgiveness

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The federal Public Service Loan Forgiveness (PSLF) program broadly attempts to reward students who work for the government or non-profits, if they are unable to meet payment amounts given the generally lower compensation for these roles than private sector jobs. Because of design flaws, however, many people earning substantial sums will be eligible for hundreds of thousands of dollars in student loan forgiveness. PSLF allows people in “qualified professions”,...

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