A decade-old program that forgives the federal student loan debt of those who work in public service jobs for 10 years would be eliminated under President Donald Trump’s proposed budget.
That budget, released Tuesday, would axe the Public Service Loan Forgiveness Program and institute other changes to the student loan repayment system that would make some attorneys, nurses, teachers, doctors and other professionals who borrow from the government to finance their professional educations wait 30 years to see their debt canceled—up from 25 years.
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