closeup of nametag saying Hello My Name is $135,566 Student Loan (Photo: Shutterstock)

The Department of Education is finally overhauling the public service loan forgiveness program (PSLF) which until now has failed to live up to its promise.

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Bernice Napach

Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.