Several borrowers have been granted student loan forgiveness – here are the upcoming actions to follow
Despite the ongoing government shutdown, some borrowers of student loans are getting notifications regarding their eligibility for debt cancellation, along with important financial steps they can take. Recently, the Trump administration reversed its stance and agreed to reinstate loan forgiveness for eligible individuals participating in income-driven repayment plans, including income-contingent repayment and pay-as-you-earn plans. This […]
States File Lawsuit Against Education Department Regarding Adjustments to Public Service Loan Forgiveness
Democratic States Sue over PSLF Program Changes Roughly two dozen states led by Democrats, along with the District of Columbia, have initiated a lawsuit against the Department of Education regarding recent modifications to the Public Service Loan Forgiveness (PSLF) program. The changes, which were announced shortly before, clarify that organizations involved in what the Department […]
Letitia James Heads Coalition of Democratic States as Teachers Unions Sue Trump for Misusing Loan Forgiveness
Blue States Sue Trump Administration Over Loan Forgiveness Program Changes A coalition of blue states, spearheaded by New York Attorney General Letitia James, along with a union and municipal coalition led by Randi Weingarten, declared on Monday that they will take legal action against the Trump administration. They allege an “unlawful takeover” of the loan […]
States and organizations challenge Education Department’s changes to Public Service Loan Forgiveness rules
Attorneys general from 21 Democratic states, along with Washington, D.C., and two advocacy groups, have filed a lawsuit against the Department of Education regarding recent changes to the Public Service Loan Forgiveness (PSLF) program. Last week, a rule finalized by the Trump administration declared that individuals engaged in what it labeled “illegal activity” would no […]
Sheriff who used tax funds for 100 packs of cigarettes and Chik-fil-A seeks forgiveness
Ex-Sheriff’s Abuse of Funds Leads to Serious Charges A former sheriff in South Carolina now faces a lengthy prison sentence after being caught misusing taxpayer dollars for personal expenses like cigarettes, fast food, and even internet games. Chuck Wright, who is 60 and previously served as the Spartanburg County Sheriff, confessed in court on Thursday […]
Trump administration limits student loan forgiveness options for certain public workers
Changes to Student Loan Forgiveness for Public Employees Recently, the Trump administration has made changes to the student loan forgiveness program, specifically affecting some public employees’ eligibility for loan forgiveness. On Thursday, the Department of Education revealed that it would be redefining the term “eligible employer” within the Public Service Loan Forgiveness Program. This program, […]
Education Department to Stop Loan Forgiveness for Organizations Supporting Trans Youth and Illegal Immigrants
Changes to Student Loan Forgiveness Eligibility On Thursday, the Department of Education (ED) made significant updates to the criteria for civil service eligibility concerning student loan forgiveness. The new rules now disqualify individuals who work for organizations involved in supporting gender reassignment surgery for minors or aiding undocumented immigrants. The Public Service Loan Forgiveness (PSLF) […]
Trump Administration Reaches Agreement on Increased Student Loan Forgiveness with Teachers Union
On Friday, the Trump administration reached a joint agreement with the American Federation of Teachers (AFT) to revive a student loan forgiveness plan that had faced legal challenges. As part of this agreement, the Department of Education will start canceling student loans for borrowers who are part of income-driven repayment plans, as reported. Winston Berkman-Breen, […]
What to understand about Trump’s updated student loan forgiveness proposals
Millions of student loan borrowers can now relax a bit as the Department of Education has decided to restart several significant loan forgiveness programs. This week, the White House announced that loan forgiveness will resume for qualified borrowers under two different income-driven repayment plans that had previously been on hold. “Honestly, this is a major […]
Trump Administration Will Move Forward with Student Loan Forgiveness Agreements with Teachers Union
Settlement on Student Loan Forgiveness The Trump administration has reached an agreement regarding certain student loan forgiveness and payment plans in a settlement with a major teachers’ union in the U.S. The deal, submitted by the Department of Education and the American Federation of Teachers, confirms that the federal government will keep processing student loan […]