Uniting to Save PSLF

ED to MED stands with its 18 national partners and additional allied groups in support of the Public Service Loan Forgiveness (PSLF) Program.

What Is PSLF?

The PSLF Program was established under the College Cost Reduction and Access Act of 2007 and signed into law by President George W. Bush. It incentivizes careers in public service by assisting qualified individuals as they work to give back to their communities. To be eligible a borrower must make 120 qualifying monthly payments under a repayment plan while working full-time for a qualifying employer, such as a government agency, tax-exempt non-profit organization, or non-exempt non-profit that provides public services. The PSLF Program is an investment in the health, education, and safety of America’s communities.

Why Should You Protect It?

PSLF is critical to recruiting and retaining a physician workforce equipped to meet our nation’s growing health care needs and challenges, and is an important investment in the health, education, and safety of America’s communities.

• Over one million Americans are currently enrolled in the PSLF Program.
• 80 percent of osteopathic medical students graduating in the 2019 – 2020 academic year who reported entering a loan-forgiveness program planned on entering the PSLF Program.*
• Osteopathic medical school graduates with high debt are more likely to choose primary care over other specialties while using loan forgiveness programs such as PSLF.

*Source: AACOM 2019 – 2020 Graduating Seniors Summary Report (preliminary data)

What Can You Do?

Urge Congress to #SavePSLF in the reauthorization of the Higher Education Act!