Department Of Education Takes Big Step To Change Student Loan Forgiveness And Repayment Plan Rules
3 Articles
3 Articles
Managing student loans amongst federal confusion
SIOUX FALLS, S.D. (KELO) - The US Department of Education is headed toward some major changes as the Trump Administration proceeds with it's plan to dismantle the agency. In March, the President signed an executive order to return the power over education to the states. Trump also announced the Small Business Association will take over the responsibility of handling the federal student loan programs. "We have a portfolio that's very large, lots …
Trump is moving forward with his plan to limit eligibility for a key student-loan forgiveness program for public servants
President Donald Trump's Education Department is working to streamline PSLF and income-driven repayment plans.Andrew Harnik/Getty ImagesThe Department of Education announced public hearings to revamp key student-debt relief programs.The department said it would examine limiting eligibility for Public Service Loan Forgiveness.It also is looking at avenues to streamline existing income-driven repayment plans.President Donald Trump's administration…
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