The Education Department is proposing new restrictions on employer eligibility for the Public Service Loan Forgiveness (PSLF) program, particularly targeting employers involved in activities deemed substantially illegal. Borrower payments could be invalidated if their employer is disqualified, raising fears that the regulations could obstruct debt relief for public servants. Critics argue that this represents an overreach of executive power not supported by the law. A review of the proposal will occur via a negotiated rule-making process, amidst concerns about transparency and the criteria for disqualification.
"The law does not empower the Secretary of Education to opine on the supposed illegality of a public service employer's mission-an unprecedented exercise of executive power that extends far beyond the Higher Education Act."
"Critics worry that the changes could derail debt relief for borrowers and allow the administration to block funds from reaching public servants who work in fields or for employers that the president disagrees with."
#public-service-loan-forgiveness #education-department #student-debt #regulatory-changes #legal-concerns
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