DOJ Defends Tying Loan Forgiveness to Employer Conduct
· WOWERI
The US Department of Justice is asking a court to dismiss a lawsuit against a new rule that could strip some nonprofits of loan forgiveness eligibility. The Trump administration claims the plaintiffs have no standing because they aren't engaged in any illegal activities.
DOJ Defends Tying Loan Forgiveness to Employer Conduct
The Trump administration is asking a court to dismiss a lawsuit against a new rule that could strip some nonprofits of loan forgiveness eligibility. The administration claims the plaintiffs have no standing because they aren't engaged in any illegal activities.
What is Loan Forgiveness?
Loan forgiveness is a program that allows borrowers working for nonprofits to have part or all of their loan forgiven. However, the new rule may change this.
How This May Affect You
If you are a borrower working for a nonprofit, this new rule may affect your eligibility for loan forgiveness. We recommend you follow the development of the situation and consult with a lawyer if you have any questions or concerns.
What to do next
- H-1B Work Visa — Order
- Application for Employment Authorization — Order
Not sure it fits? Consultation $150
Source: law360.com