As part of his new budget, President Donald Trump is threatening to cut the Public Service Loan Forgiveness program. Started in 2007, the program enables those pursuing careers as public defenders, social workers, teachers and doctors to become eligible for student loan debt relief. The stipulations are clear: You must work for the government or a nonprofit and pay off loans on time for 120 months. After 10 years of paying, your remaining debt will be forgiven. Education Department officials have said that these budget cuts would not affect those currently in the program, but those who hoped to take advantage of the program are left in the lurch, wondering whether they will need to change their plans.
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