Why pay almost $50 billion for the headache known as Tylenol?

I'm David Brancaccio in Los Angeles, first to the promise that people who go into government

service or nonprofit work could get a break on student loans. But the Trump administration

is limiting eligibility and now nearly two dozen states are suing under a new rule non-profits that do work the administration objects to, like helping people in the U.S. without permission or supporting transgender people, could see employees disqualified from the loan forgiveness program.

Marketplaces Savannah Peters has that.

The Public Service Loan Forgiveness Program cancels federal student debt for some workers in government

or certain nonprofits after 10 years of payment.

This rule change gives the Department of Ed broad authority to disqualify employers.

They're weaponizing the program to punish governments and

nonprofits that don't agree with the administration's ideological agenda. Winston Berkman-Breen is an

attorney with protect borrowers, one of the groups suing the Trump administration over the change.

It really is impossible to confidently predict how this rule will be used.

Which throws a wrench into borrowers' long-term financial planning.

There are some borrowers that are definitely panicking over this.

Betsy Mayotte, with the Institute of Student Loan Advisors, says borrowers should sit tight while challenges move through the courts.

Even if the rule is upheld, she says borrowers will get some advance notice before they're impacted.

But Jennifer Steele at American University says this adds to an atmosphere of confusion.

The idea of public service loan forgiveness is that it incentivizes people

to work in public service where they might earn less money. Steel says the erosion of trust in the

program could make it even harder for nonprofits and governments to recruit. I'm Savannah Peters

for Marketplace.

Federal Reserve Governor Lisa Cook yesterday made her first public speech since President Trump tried to fire her in August over allegations of mortgage fraud.

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