facebook pixel
@forbes
The Trump administration got one step closer to implementing sweeping rules that would revoke #studentloan forgiveness eligibility after the Department of Education completed a series of public hearings last week. The hearings are a required part of a process called negotiated rulemaking, which allows the department to update or change regulations governing federal student #loan programs. This negotiated rulemaking session is targeting Public Service Loan Forgiveness. #PSLF is a popular program that allows #borrowers to receive student loan forgiveness after making the equivalent of 10 years of qualifying payments while working full-time for eligible nonprofit or government organizations. But the overhaul proposed by the #Trump administration, if enacted, could gut the PSLF program. The proposed regulations, intended to implement an executive order issued by President Trump earlier this year, would revoke the student #loanforgiveness eligibility for entire organizations that engage i...

 2.6k

 398

Credits
    Tags, Events, and Projects
    • studentloan
    • trump
    • loanforgiveness
    • pslf
    • loan
    • borrowers