Pslf is written into federal law. It would take congress to change that. I don’t think they will and even if they did it wouldn’t be retroactive. Worst case scenario is they get rid of it for loans made on or after the date they passed such a law. Existing borrowers would be grandfathered in. Yes the prior administration had lower forgiveness rates but that was mostly due to the timing and the fact that there were still a lot of ffel borrowers then. Nobodies loans are getting unforgiven either. Yes the new Ed could change some of the nit picky rules but regulations can’t be retroactive either. Personally I think they will leave pslf alone and focus on things like borrower defense and title iv again.
Also..congress won’t have the votes to get rid of pslf even if they wanted to imo. Remember it was signed into law by a republican president with a good amount of republicans in congress supporting it.
I don’t know how the other mods feel but as far as I’m concerned anyone who posts that pslf is gone for everyone or loans being unforgiven will,have those posts deleted. It’s just not true and only feeds the already high anxiety levels.
As an aside I’m currently on vacation so my response level on the subs will be low the next few days.
