Budget Calls For Ending Student Loan Forgiveness Program


President Trump’s 2020 budget proposal calls for eliminating a loan forgiveness program for public employees and advocates other changes that could cost struggling students more.

The budget blueprint┬áreleased by the White House on Monday says “streamlining and improving student loan repayment” is a priority, but includes proposals cutting several current programs and initiatives. That includes an elimination of the Public Service Loan Forgiveness program, which was created under President George W. Bush in 2007. The program forgives student loans for workers in the government and some nonprofits after they make payments for 10 years.