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Turn Public Service Loan Forgiveness into a State Block Grant
As Congress negotiates a bill to overhaul the federal budget, lawmakers looking to save money should note $30 billion in potential savings hiding in plain sight. The Public Service Loan Forgiveness (PSLF) program, which fully discharges the student loans of borrowers who work for the government or a nonprofit for 10 years, is one of the most expensive features of the federal role in higher education. Fortunately, there’s a way to rein in PSLF’s …
·Washington, United States
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