President Donald Trump first called for the Education Department to limit Public Service Loan Forgiveness access in an executive order.
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After more than a year of regulatory maneuvering and court battles, the Trump administration appears to be backing down from its efforts to limit access to the Public Service Loan Forgiveness program.
A rule finalized in October 2025 would have granted Education Secretary Linda McMahon the power to block certain companies and their employees from participating in PSLF if they conducted what the government considers “illegal” activities, like…