President Trump signed an executive order on Friday to exclude nonprofits that he says engage in "the subsidization of illegal activities" from the Public Service Loan Forgiveness Program (PSLF).

The executive order states "individuals employed by organizations whose activities have a substantial illegal purpose shall not be eligible for public service loan forgiveness."

PSLF is a student loan program that lets those in government positions such as police or teachers, along with those working with nonprofits, to receive debt forgiveness after making 10 years of consecutive payments.

"Instead of alleviating worker shortages in necessary occupations, the PSLF Program has misdirected tax dollars into activist organizations that not only fail to serve the public interest, but........

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