Lawmakers debate future of loan relief for public workers

In 2007, the U.S. government made a promise to public service workers: Make 10 years of payments on their federal student loans and any remaining debt would be erased. But officials have largely failed to deliver.  And that's left lawmakers questioning whether to end the program or try to fix it. The Trump administration and some Republican legislators see it as a lost cause, arguing that the Public Service Loan Forgiveness program is misguided and has proved too complicated for borrowers to navigate. But a group of Democrats is pushing to salvage the program, blaming its failure on poor management by the Education Department. The group, which includes six 2020 presidential contenders, proposed a new bill this month that would simplify the rules and expand the offer to a wider swath of borrowers.

Spotlight

Other News

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Spotlight

Resources