President Donald Trump signed an executive order limiting eligibility for the Public Service Loan … [+]
Trump Signs PSLF Executive Order
President Donald Trump signed a new executive order to reshape the Public Service Loan Forgiveness program, known as PSLF, by excluding certain borrowers. The order, signed March 7, directs the Department of Education to bar federal student loan relief for public-service workers employed at organizations deemed to have “a substantial illegal purpose.” In the order’s words, “Individuals employed by organizations whose activities have a substantial illegal purpose shall not be eligible for public service loan forgiveness.” This marks a dramatic shift in…