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The Trump administration this week proposed sweeping new restrictions on student #loan forgiveness for public service borrowers, potentially threatening to shut down debt relief for millions of people based on the activities of the organizations they work for. The newly unveiled regulations would limit relief under the Public Service Loan Forgiveness program, which offers #studentloan forgiveness for #borrowers who devote at least 10 years to working for qualifying nonprofit organizations or government entities. The Department of Education released proposed rules on Tuesday that would block PSLF for entire organizations or governments that the administration determines are engaged in activities that have a “substantial illegal purpose.” Advocacy groups slammed the draft regulations as an illegal and unfair attempt to weaponize the PSLF program against organizations and state governments that run afoul of the #Trump administration’s policy priorities. The groups have warned that if th...

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