Chances are you know someone working a job with their eyes on the prize of loan forgiveness. Lots of people in the U.S. are working with the goal of having their school debts forgiven after an allotted amount of time. According to a recent article by U.S. News and World Report, however, that program could have an uncertain future.
“Initiated by former President George W. Bush in 2007, the program provides an incentive for people to work in government and nonprofit jobs. The first round of students should be eligible to wipe out their student loan balances this fall, but it’s an option that may not be available for future graduates. President Donald Trump’s 2018 budget recommends eliminating the PSLF program.”
The article goes on to discuss more about the program, and its requirements.
To read the full article, visit the U.S. News site here.
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