Nicholas, while I do share your concern about the execution of PSLF, particularly with FedLoan, I stand wholeheartedly behind the program.

I have written some articles about the PSLF program that address your concerns.

• Is PSLF Right For Me?
• In Defense of Public Service Loan Forgiveness
• Don’t Pay Off Your Student Loans

To your main point about 99% of people being rejected, that is a red herring. I agree that the first cohort of applicants got screwed, but the program has been sorting itself out over the past 12 years.

Check out this article about why the PSLF program is set to be a resounding success in the coming decade.