Washington, D.C. – A proposed rule change by the current administration threatens the integrity of the Public Service Loan Forgiveness (PSLF) program, possibly disqualifying public service workers from loan forgiveness based on their employer’s political alignment.
The administration argues the change aims to prevent workers at organizations engaged in “illegal” activities from utilizing PSLF. However, critics contend the policy is a thinly veiled attempt to pressure employers into adhering to the administration’s agenda, effectively using public service workers as political leverage.
The PSLF program was established to incentivize careers in public service by offering forgiveness of federal direct student loan balances after 10 years of qualifying repayments.
Due to advocacy efforts by organizations like AFSCME, the PSLF program has seen significant improvements and success. Over 1 million public service workers have already had their student loans forgiven through the program.
The PSLF program remains a vital tool for attracting and retaining a skilled public sector workforce.Protecting its accessibility is crucial for maintaining effective public services.
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If you have benefitted or are expecting to benefit from the PSLF program and want to stand up for it, please submit a comment.