Trump Rule Could Bar Some Public Servants From Student Loan Forgiveness

“It’s very important to let borrowers know not to panic nor make any snap decisions on their loan strategy based on this rule,” said Betsy Mayotte, president of the Institute of Student Loan Advisors, which provides advice to borrowers. “First, the rule itself could very well be struck down by the courts. Second, even if it isn’t, the rule is prospective only.”