Protect the Public Service Loan Forgiveness Program
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The Department of Education is proposing eliminating the Public Service Loan Forgiveness Program.
The stated purpose of the Public Service Loan Forgiveness program is to “encourage individuals to enter and continue to work full-time in public service jobs”.
To qualify for PSLF forgiveness, people must not only work full-time in a public service position, but also make 10 years’ worth of full, on-time, income-based monthly payments toward their Federal student loans.
Who receives PSLF forgiveness? Teachers, Government Employees, Non-Profit 501(c)(3) Employees, Police Officers, Fire Fighters, Park Rangers, Military Personnel, and other qualifying public service workers.
400,000 Americans have chosen to serve their Government and Communities over the past 10 years, and each of these Americans should be able to count on the PSLF benefits promised to them.
Betsy DeVos’s Department of Education seeks to end PSLF without having conducted a detailed study to determine how much actual money this dramatic policy reversal and broken promise would even save.
The plan to eliminate PSLF is an not only an insult, but also an outrage to everyone who has dedicated the past ten years of their lives working in public service positions.
Ending the Public Service Loan Forgiveness Program is a terrible idea that should be opposed at all costs.
We ask that Members of Congress block the Department of Education’s proposal to kill this vital financial assistance program.
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