Trump to propose scrapping beleaguered student loan forgiveness program — report

A student loan forgiveness program for teachers, social workers and other public servants could be in jeopardy.

The Trump administration will propose ending the Public Service Loan Forgiveness program (PSLF), according to preliminary Education Department budget documents obtained by The Washington Post. The program, which allows borrowers working in public service to have their federal student loans forgiven after 10 years of payments, has been a subject of concern for borrowers and advocates over the past several months amid signals that borrowers may not get the forgiveness they’ve been counting on.

Some important caveats: The budget documents obtained by the Post aren’t final and, even if the Trump administration proposes ending PSLF, it would take an act of Congress to actually get rid of it.

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