Particle.news

Download on the App Store

Trump's Return Casts Doubt on Future of Student Loan Forgiveness

With Trump's victory, Biden's expansive student loan relief efforts face an uncertain future as advocates push for last-minute actions.

  • President-elect Trump has historically opposed broad student loan forgiveness, contrasting sharply with Biden's relief efforts.
  • Biden's administration forgave $175 billion in student loans, but many of his initiatives remain tied up in legal challenges.
  • Advocates urge Biden to finalize key forgiveness measures before Trump's inauguration, including a one-time account adjustment.
  • Trump has criticized Biden's forgiveness plans as unfair and is expected to dismantle existing relief efforts, including the SAVE plan.
  • Borrowers may face increased payment obligations under Trump, who previously sought to raise repayment rates and simplify income-driven plans.
Hero image