Trump's order may limit Public Service Loan Forgiveness eligibility

marca.com

Recently, an executive order was signed that aims to limit eligibility for the Public Service Loan Forgiveness program. It directs the Department of Education to propose excluding certain nonprofit organizations from eligibility. The Department of Education stated that the program will continue, but its validity is under scrutiny. Legal complications may arise, and there are concerns about the impact on borrowers and nonprofit organizations. Some organizations plan to challenge the executive order in court, arguing it violates existing laws. Critics question its legal standing and express concerns about its effects on free speech and nonprofit operations.


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Timeline:

    [3.7]
    PSLF program remains unchanged for current borrowers (orlandosentinel.com)
    2d 8h
    Source
    [3.7]
    PSLF program unchanged; new limits proposed for eligibility (mcall.com)
    2d 8h
    Source
    [3.8]
    Trump cuts Education Department; impacts student loan forgiveness (forbes.com)
    3d 6h
    Source