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Trump wants to end a popular student loan forgiveness program.

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Wed, 12 Feb 20 8:59 PM | 18 view(s)
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Because Trump can't let a day go by without making life miserable for more folks...

President Trump wants to end a popular student loan forgiveness program.

Here’s what you need to know.

End Student Loan Forgiveness

Trump’s new annual budget calls for several changes to student loans, which are part of a $5.6 billion cut in funding to the U.S. Education Department. As in previous years, Trump repeated his call to end public service loan forgiveness. Under Trump's proposed budget, if passed by Congress, the Public Service Loan Forgiveness program would be eliminated.

The Public Service Loan Forgiveness program is a federal program created in 2007 by President George W. Bush that forgives federal student loans for borrowers who are employed full-time (more than 30 hours per week) in an eligible federal, state or local public service job or 501(c)(3) nonprofit job who make 120 eligible on-time payments over ten years.

more:
http://www.forbes.com/sites/zackfriedman/2020/02/11/trump-student-loans-forgiveness/?utm_source=FBPAGE&utm_medium=social&utm_content=3112631163&utm_campaign=sprinklrForbesMainFB#1a94cb096b3d




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