President Trump signed an executive order aimed at limiting the Public Service Loan Forgiveness program, which forgives student debt for government and nonprofit employees after 10 years. Negotiators discussed concerns about the education secretary's authority to determine employer eligibility. The proposal suggests revising the definition of qualifying employers to exclude those engaging in discrimination, federal immigration violations, or other activities deemed illegal. This includes organizations providing transgender healthcare or those involved in activities defined as 'anti-American'. Negotiations took place from June 30 to July 2 to finalize proposed changes.
The lengthy process of changing a student-loan forgiveness program for millions of public servants is underway, following an executive order signed by President Trump.
The proposal to change PSLF includes revising the definition of a qualifying employer to exclude organizations involved in substantial illegal activities.
#public-service-loan-forgiveness #student-loans #trump-administration #policy-changes #eligibility-criteria
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