Kate Wood

Since, again, we don't really know, you know, which kinds of employers might lose qualification or how it could look.

It doesn't make sense to jump to conclusions based on this.

Like it could happen.

It would indeed take congressional action.

So PSLF was created by Congress, and it has historically had strong bipartisan support.

After all, I mean, we're talking about supporting people who choose to go into helping professions, right?

Like emergency medical personnel, teachers, firefighters, stuff like that.

It's kind of hard to argue against.

And so PSLF dates to 2007.

It was introduced by Congress.

During George W. Bush's administration, the first Trump administration did actually try and fail to kill PSLF, which is why we're now probably seeing them take different tactics, in this case, potentially restricting access to PSLF.

I will say also for what it's worth in terms of talking about these presidential administrations doing executive orders and executive actions and stuff like that to try to make changes, the Biden administration 100% did that stuff as well.

They were also using executive action to make changes to PSLF.

In that case, though, they were expanding access.

So it hit a little bit different.

We've gone so far, though, into the stuff that I know about.

Let's go into a bit more of what you guys know about and the other part of Sydney's question, whether she should focus on paying off her student loans or put more toward other goals, notably a down payment on a home.

I would also stick with paying off the loans.

However, I really want to emphasize yet again that we don't have any actual reason to assume that PSLF is going away.

The administration might make it a lot harder to get forgiveness, but forgiveness isn't going anywhere.