President Donald Trump is implementing changes to the Public Service Loan Forgiveness (PSLF) program, which offers student loan cancellation for employees such as teachers, firefighters, and nonprofit workers. Advocates have expressed concerns that the program could be repurposed as a political retribution tool under the Trump administration. Specifically, the restructuring appears to target organizations that serve immigrants and transgender youth, raising fears among supporters of these communities. These potential modifications to the student loan forgiveness program have prompted warnings from advocates about the program's future use and intent.
JUST IN: Trump administration pauses student laon forgiveness, per WaPo. The Education Department suspended an income-driven program that allows borrowers to get their balance erased after 20 to 25 years of payments.
THE TRUMP ADMINISTRATION HAS PAUSED STUDENT LOAN FORGIVENESS UNDER THE INCOME-BASED REPAYMENT (IBR) PLAN AS IT UPDATES SYSTEMS TO COMPLY WITH A COURT ORDER, DESPITE IBR NOT BEING DIRECTLY AFFECTED. MILLIONS OF BORROWERS NOW FACE UNCERTAINTY, WITH NO SET TIMELINE FOR RESUMING
Trump Administration Pauses Student Loan Forgiveness Under IBR Plan – @washingtonpost https://t.co/gypVDMcQzo