OPINION: Why one plan to cut college debt needs rebooting, not rejecting
“The intention was good: The federal government would offer the nation’s teachers, first responders and other public servants relief on their college loan debt. The reality is bad: Fewer than one percent of applicants to the Public Service Loan Forgiveness program (PSLF) have been approved, in large part due to problematic loan-servicing practices. This situation has prompted a string of lawsuits as well as Republican calls to end the program. But Congress also has the opportunity to fix this broken program rather than shut it down. And lawmakers owe it to our nation’s public servants to do so.”