Eligibility for a major student-loan forgiveness program for public servants is officially narrowing.
On October 30, President Donald Trump’s Department of Education announced the final rule to limit the Public Service Loan Forgiveness program, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments.
The rule delivers on an executive order Trump signed in March to redefine what “public service” means, including ensuring that employers who participate in activities that do not align with the administration’s political views will be barred from qualifying for PSLF.
“The Public Service Loan Forgiveness program was meant to support Americans who dedicate their careers…