Trump to Sign Executive Order Narrowing Public Service Loan Forgiveness Eligibility

The order aims to exclude employees of certain nonprofit organizations deemed to engage in improper activities, raising questions about its impact on borrowers and the program's intent.

President Donald Trump is set to sign an executive order modifying the Public Service Loan Forgiveness (PSLF) program, targeting specific nonprofit organizations.
The PSLF program, established in 2007, forgives federal student loans for qualifying employees after 10 years of payments in public service roles.
Trump's order seeks to exclude nonprofits accused of engaging in improper or illegal activities, though specific criteria remain unclear.
Critics argue the changes could undermine the program's purpose of alleviating debt for public servants and discourage work in underserved areas.
The Education Department will release guidelines to clarify the new eligibility rules, leaving borrowers and employers uncertain about the future impact.