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Is Public Service Loan Forgiveness going away? Understanding Trump’s executive order

Is Public Service Loan Forgiveness going away? Understanding Trump’s executive order

By Eliza Haverstock, NerdWallet

On Mar. 7, President Donald Trump signed an executive order that seeks to limit who can qualify for Public Service Loan Forgiveness (PSLF). It directs the Education Secretary to write a proposal removing PSLF eligibility for borrowers who work for organizations serving “a substantial illegal purpose.”

Despite the order’s strong language, at this point, no borrowers are at imminent risk of losing their eligibility for PSLF. The program forgives a borrower’s federal student loans after they make 10 year’s worth of payments while working in public service — as teachers, firefighters, police officers, healthcare workers, government workers and other nonprofit employees.

“You’re right to freak out, but if you take a beat and dig into what the executive order says right now, it’s just a directive to change the language [of PSLF] in the future,” says Stanley Tate, a lawyer who specializes in student debt. “How that actually plays out is yet to be written. When it does, there will surely be a response from different advocacy groups that are interested in protecting borrowers moving forward.” read more

Glued to your phone? How to alleviate ‘tech neck’ pain

Glued to your phone? How to alleviate ‘tech neck’ pain

Walk into any coffee shop, airport, or waiting room, and you will see people in the familiar pose — head down, eyes fixed on a handheld device. With prolonged use, they will likely start feeling the effects, such as pain, stiffness, and discomfort, known as “tech neck” or “text neck.”

Americans spend an average of four to six hours a day looking at mobile devices or tablets, often not even realizing their necks are bent. The average head weighs 11 pounds. Bending the neck more than 20 degrees to view a smartphone or tablet puts excessive strain from head weight on the posterior neck muscles and places stress on the cervical spine. Along with neck pain, it can also cause discomfort or inflammation in the upper back, and the shoulders.

Dr. Phil Grattan, a physical therapist and board-certified orthopedic specialist, shares some insights on the condition. Grattan is also an assistant professor at the University of Miami  department of physical therapy in the Miller School of Medicine and says tech users need to increase their awareness of tech neck. read more

Some student loan repayment plans have been suspended. Here’s what borrowers should know

Some student loan repayment plans have been suspended. Here’s what borrowers should know

By CORA LEWIS, Associated Press

NEW YORK (AP) — The Trump administration’s recent changes to student loans are causing frustration and confusion for some borrowers.

In response to a February court ruling that blocked some Biden-era programs, the Education Department has taken down online and paper applications for income-driven repayment plans.

“This especially hurts anyone who’s lost their jobs, including federal workers,” said Natalia Abrams, founder and president of the Student Debt Crisis Center. “A few months ago, they would have been able to get on a zero-dollar income-driven repayment plan.”

The removal of application materials also has caused confusion around the recertification process for borrowers already enrolled in repayment plans, experts say. Income-driven repayment plans take a borrower’s finances and family size into account when calculating monthly payments, but borrowers must periodically demonstrate they still qualify.

Adding to the uncertainty are layoffs at the Education Department, which oversees the federal loan system. The federal website for student loans and financial aid, StudentAid.gov, suffered an hours-long outage Wednesday, but the department has said it will continue to deliver on its commitments. read more

Gold rises to new heights as anxiety grips markets. Here’s what you need to know

Gold rises to new heights as anxiety grips markets. Here’s what you need to know

By WYATTE GRANTHAM-PHILIPS, AP Business Writer

NEW YORK (AP) — Amid widespread economic turmoil, the price of gold has soared to levels never seen before.

Whipsawed by Trump’s tariffs, the US public is getting a lot more nervous about the economy

Whipsawed by Trump’s tariffs, the US public is getting a lot more nervous about the economy

By JOSH BOAK and CHRISTOPHER RUGABER

WASHINGTON (AP) — President Donald Trump’s volatile tariff threats are unleashing historic jumps in public anxiety, with the potential to undermine his pledges to strengthen a U.S. economy that is increasingly weakened.