WASHINGTON, DC -- The Department of Education today published a final regulation limiting Public Service Loan Forgiveness for student loan borrowers, eliminating promised financial relief to students who forgo more lucrative career options to serve their communities.
Jaylon Herbin, director of federal policy at the Center for Responsible Lending, issued the following statement:
The PSLF regulation published today is the latest in a long list of cruel tricks imposed on workers and groups who hold views or serve people this administration doesn’t like. These restrictions will consign millions of student borrowers to decades of unaffordable debt repayment and will worsen existing shortages of teachers, police and emergency services workers, and nonprofits who help local residents thrive and contribute to building vibrant, economically resilient communities.
The administration’s attempt to target disfavored viewpoints based on unsupported assertions of groups engaging in illegal activities violates constitutional principles, ignores the will of Congress and unnecessarily politicizes efforts to meet the needs of local communities.
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Press Contact: Alfred King alfred.king@responsiblelending.org