# @forbes on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DL-LxJatuLU
- **Gondola URL:** https://gondola.cc/posts/32276969-forbes-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/e51c7d3fe3.jpg
- **Posted:** 2025-07-11T14:55:52.000+00:00
- **Account Owner:** Forbes (@Forbes) — https://gondola.cc/Forbes

## Caption

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 in certain activities. Critics have argued that the proposal is plainly illegal. 

Learn more at the link in our bio. (Photo: Saul Loeb/AFP via Getty Images)

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## Tags

studentloan, trump, loanforgiveness, pslf, loan, borrowers

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