12 Mar 2025
📜Executive Order on Public Service Loan Forgiveness
Restoring Public Service Loan Forgiveness
Summary
Executive Order 14235 aims to restore the integrity of the Public Service Loan Forgiveness Program by defining eligibility criteria that exclude individuals employed by organizations engaged in illegal activities. The order emphasizes the protection of national security and aims to ensure taxpayer funds are used appropriately, revising regulations that govern public service loan forgiveness.
Agencies
- Executive Office of the President
Business Impact
$$ - Med
The executive order introduces regulatory changes concerning the Public Service Loan Forgiveness (PSLF) program, restricting eligibility for forgiveness based on the organizational affiliations of employees. This may impact businesses associated with non-compliant organizations and alter hiring strategies for public service roles.