The House Committee On Education and the Workforce passed the PROSPER Act (HR 4508) Promoting Real Opportunity, Success, and Prosperity through Education Reform on Dec. 12., which essentially ends the
for most students taking out loans after June 30, 2019. The PSLF program was created in 2007 to encourage more Americans to pursue public service careers despite the more modest salaries and increased financial burdens of student debt. Under the provisions of the program, teachers, firefighters, police officers and other full-time public service workers including doctors, nurses and veterinarians, can have their student debt forgiven after 10 years of public service employment and 120 on-time payments. More than half a million people have enrolled over the last decade. The AAVMC and AVMA are active participants in a major coalition working to protect the program. They sent a profession specific impact
signed by 120 animal related organizations to the PSLF Caucus and members of the House Education and Workforce committees. The AAVMC is an active member of the
effort initiated by the
American Association of Colleges of Osteopathic Medicine
(AACOM). That page contains guidance and tools on a
webpage for those seeking to help. The AAVMC is also collaborating with other organizations in the Federation of Associations of Schools of the Health Professions (FASHP) to save the program.