White House Moves to Restrict Public Service Loan Forgiveness Eligibility

Listen to audio brief:

Public Service Loan Forgiveness Program Revision

The White House has issued an executive order to revise the Public Service Loan Forgiveness Program, which was established in 2007 to encourage careers in public service. The new policy states that individuals employed by organizations involved in significant illegal activities will not be eligible for loan forgiveness. This initiative aims to protect taxpayer funds and ensure that support is directed to legitimate public service roles, allowing the program to fulfill its intended purpose.

Original: article