Student-loan borrowers win as Trump drops legal battle to narrow a major forgiveness program for public servants

Source: Business Insider ·

Student-loan borrowers win as Trump drops legal battle to narrow a major forgiveness program for public servants

The Trump administration agreed to drop its appeal of a ruling that found its plan to limit the Public Service Loan Forgiveness program unlawful.

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The Trump administration agreed to drop its appeal of a ruling that blocked its plan to limit Public Service Loan Forgiveness.Anna Moneymaker/Getty ImagesThe Trump administration agreed to drop its appeal of a Public Service Loan Forgiveness ruling.The ruling blocked Trump's plan to limit PSLF eligibility from taking effect.An advocacy group said it's a victory for borrowers pursuing PSLF.Student-loan borrowers pursuing a major forgiveness program got a rare legal win.On Wednesday, the Trump administration agreed to drop two of its appeals of a June ruling that had blocked its plan to narrow eligibility for the Public Service Loan Forgiveness program, which forgives student debt for government and nonprofit workers after 10 years.The Education Department intended to implement a plan on July 1 to exclude employers from PSLF who did not align with the administration's definition of "public service," listing actions like assisting with gender-affirming care or 'acts of terrorism.A judge…

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