The U.S. Department of Education is looking at altering Public Service Loan Forgiveness and income-based repayment plans.
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Lawmakers and education advocates fear changes to student aid programs being solicited by the U.S. Department of Education, including altering Public Service Loan Forgiveness and income-based repayment plans, could hurt students, especially the neediest seeking support to pay for school.
According to the State Council of Higher Education of Virginia, 32% of undergraduate students in the commonwealth borrowed money during the 2023-2024 school year, which is a decrease from 43% in the 2012-2013 school year.
