The U.S. Department of Education released its final rule on Thursday aimed at limiting eligibility for a popular student loan forgiveness program for public servants. The rule , which takes effect July 1, 2026, will change the definition of a "qualifying employer" under the Public Service Loan Forgiveness program. PSLF, signed into law in 2007 by George W. Bush, offers debt cancellation after a decade to borrowers who work for non-profits and the government. Under the new Trump administration