On March 7, the administration of President Donald Trump signed an executive order (14325) titled “Restoring Public Service Loan Forgiveness.” The Orwellian-named measure, however, does nothing to “restore” public service loan forgiveness.
Instead, it sets up an ideological test that seeks to determine whether a nonprofit where a person works is a qualifying nonprofit for loan forgiveness or an ideologically non-qualifying nonprofit. In so doing, the Trump administration once again puts the Public Service Loan Forgiveness (PSLF) program at risk.
Public service loan forgiveness enables public sector and nonprofit workers to earn an accelerated write-off of their student loan…
