Trump's Impact on Student Loan Forgiveness and Relief Uncertain

1 min read
Source: NPR
Trump's Impact on Student Loan Forgiveness and Relief Uncertain
Photo: NPR
TL;DR Summary

With Donald Trump's potential return to the presidency, federal student loan borrowers face uncertainty as Trump's administration has been opposed to broad-based loan forgiveness initiatives championed by President Biden. Biden's major student loan forgiveness efforts, including the SAVE plan, have faced legal challenges, and Trump's administration could phase them out if they are deemed legal. Additionally, Trump's stance on closing the Department of Education and his opposition to broad loan forgiveness suggest significant changes in student loan policies, leaving millions of borrowers in limbo.

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