DeVos was asked by Sen. Patty Murray (D-Wash.) if DeVos would protect PSLF, Public Service Loan Forgiveness. Her answer didn’t evoke much hope to Murray. “If confirmed I will faithfully implement the Higher Education Act and will look forward to discussing these issues with you as Congress considers its reauthorization.”

 

Betsy DeVos has been a controversial figure as of late. Recently, DeVos has confirmed as the Secretary of Education. It came down to Mike Pence being a tie breaker. Those who oppose DeVos seem to be adamantly against her. However, it does seem like she is for change.

DeVos was asked by Sen. Patty Murray (D-Wash.) if DeVos would protect PSLF, Public Service Loan Forgiveness. Her answer didn’t evoke much hope to Murray. “If confirmed I will faithfully implement the Higher Education Act and will look forward to discussing these issues with you as Congress considers its reauthorization.”

Natalia Abrams, the executive director of Student Debt Crisis, a student loan advocacy organization, said that there were proposals to curb the program that makes her concerned that PSLF could be at risk under new administration. DeVos said in response, “We’ve had a lot of fears that the program is under attack,” she said. “We’re on the side of making it a stronger program and we think it doesn’t go far enough. We can’t go backward on this program, we need to go forward.”

Under the PSLF program, federal student loan borrowers can have their loans forgiven after just ten years. To qualify, you need to work for a nonprofit or a government job and be under one of the income-driven repayment plans for each month of the ten years.  The Government Accountability Office estimates approximately 4 million borrowers are eligible for the PSLF program, however, only about 10% of that number has started on the path toward forgiveness.

2017 has been the first year that borrowers under PSLF have qualified for loan forgiveness. It would be a shame to see the program go away after only a year of forgiveness. Hopefully, the new Secretary of Education will play ball for borrowers and keep helping them out and making a dent in the student loan debt that America carries.