Restoring Public Service Loan Forgiveness

This executive order, titled "Restoring Public Service Loan Forgiveness," aims to restrict eligibility for the Public Service Loan Forgiveness (PSLF) program. The PSLF program was originally created by Congress in 2007 to forgive student loans for borrowers who work in public service jobs for 10 years while making qualifying payments. The order claims the program has been misused to fund organizations engaged in illegal activities that harm national security and American values. It directs the Secretary of Education to propose regulatory changes that would exclude organizations with "a substantial illegal purpose" from qualifying as public service employers for loan forgiveness purposes.