Public Service Loan Forgiveness Protection Act

Public Service Loan Forgiveness Protection Act This bill authorizes the Department of Education (ED) to waive monthly payments under the Public Service Loan Forgiveness (PSLF) program during a qualifying emergency (e.g., a public health emergency). Specifically, ED may waive the requirement that a borrower make a monthly payment under the PSLF program during a month in which there is a qualifying emergency in the borrower's state of employment. The bill specifies that a borrower will not be disqualified from receiving loan cancellation under the PSLF program due to failure to make a payment during a qualifying emergency.