WASHINGTON, Aug. 18 -- Department Of Education has issued a proposed rule called: William D. Ford Federal Direct Loan (Direct Loan) Program.
The proposed rule was published in the Federal Register on Aug. 18 by Tracey St. Pierre, Director, Office of the Executive Secretariat, Office of the Secretary, U.S. Department of Education.
Summary: The Secretary proposes to amend the regulations on the Public Service Loan Forgiveness (PSLF) program under 34 CFR 685.219 to exclude employers that engage in activities that have a substantial illegal purpose. The proposed regulations would prevent taxpayer-funded PSLF benefits from being improperly provided to individuals who are employed by organizations that engage in activities that have a substanti...