The White House gave a glimpse Friday morning into an executive order President Donald Trump is expected to sign Friday afternoon excluding certain borrowers from qualifying for the Public Service Loan Forgiveness program.
The administration said the executive order would ensure that those whose work was connected to buttressing illegal immigration, foreign terrorist groups or “otherwise lawbreaking activities” will not receive loan forgiveness.
“This executive order will direct your Department of Education and the Department of the Treasury to… bring about modifications to the Public Service Loan Forgiveness program in order to ensure that people who are engaged in these sorts of activities can’t benefit from a program that’s really not intended to support those sorts of things,” a White House official told Trump in front of reporters Friday.
The Public Service Loan Forgiveness program was signed into law in 2007 by President George W. Bush and offers student loan forgiveness to federal government employees, teachers, police, clergy and religious workers and certain nonprofit employees who have remaining loans after 10 years of payment.
This is a developing story.
