Dear Heather,

Thanks for all your work on this complex topic! I was wondering if there was any such thing as loan reduction in the PSLF program. My Career Services Dean said that she thought if you did the PSLF program, your loan got reduced by a certain amount every year. But, from reading your website, it seems to me that it is an all-or-nothing type of deal where you get it all forgiven after 10 years, but there is no real incentive if you don’t make 120 qualifying payments. Could you shed some light on this for me?

Thank you,

Vince