US EditionIs Public Service Loan Forgiveness going away? Understanding Trump’s executive order
- On March 7, President Donald Trump signed an executive order that limits Public Service Loan Forgiveness eligibility for workers at some organizations.
- The executive order does not threaten the current eligibility of borrowers for Public Service Loan Forgiveness, according to an Education Department spokesperson on March 10.
- Student borrower advocacy groups are likely to challenge the executive order through lawsuits, causing uncertainty for borrowers about Public Service Loan Forgiveness.
- As reported by Education Department spokespersons, 'The Public Service Loan Forgiveness Program is not changing today, and borrowers do not need to take any action.
18 Articles
18 Articles
They committed to public service with the hope of student-loan forgiveness. Under Trump, their plans are at risk.
ruizluquepaz/Getty ImagesTrump signed an executive order seeking to limit eligibility for Public Service Loan Forgiveness.Some borrowers told BI they built their careers around the promise of relief after 10 years of payments.The Education Department said it's reviewing the order and will ensure PSLF doesn't go to "anti-American activists."They shaped their lives around working in public service to get student-loan forgiveness. The program they'…
Pasadena Star News
Is Public Service Loan Forgiveness going away? Understanding Trump’s executive order
By Eliza Haverstock, NerdWallet On Mar. 7, President Donald Trump signed an executive order that seeks to limit who can qualify for Public Service Loan Forgiveness (PSLF). It directs the Education Secretary to write a proposal removing PSLF eligibility for borrowers who work for organizations serving “a substantial illegal purpose.” Despite the order’s strong language, at this point, no borrowers are at imminent risk of losing their eligibility …
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