Governor Hochul Signs New Bill to Expand Access to Loan Forgiveness for Public Servants

Yesterday, Governor Kathy Hochul announced a new bill to expand and simplify access to the federal Public Service Loan Forgiveness (PSLF) program statewide, establishing uniformity around what qualifies as full-time employment and allowing public service employers to certify employment on behalf of workers.

Governor Hochul stated: “If you spend your days working for the people of New York, you shouldn’t spend your nights worrying about how to pay us back. This legislation acknowledges the significant contributions of our public servants, first responders, educators, and more, by helping unlock federal loan forgiveness for countless members of New York’s workforce. From the workers who ushered us through the pandemic to the everyday heroes who keep New York moving, public-sector and not-for-profit workers deserve to make the most of this benefit – but without headaches, delays, or confusion.”

Source: 13 WHAM