Trump And GOP Target Student Loan Forgiveness, Plunging Programs Into Uncertainty
- Trump's administration has initiated significant layoffs at the U.S. Department of Education, impacting hundreds of federal workers and altering student loan programs, which could leave millions uncertain about their loans.
- Since early 2020, student loan repayment pauses have provided relief, yet many may default soon, with internal data suggesting that 9 million borrowers are affected.
- The U.S. Supreme Court rejected President Joe Biden's student loan forgiveness plan in June 2023, raising concerns that 9 million borrowers may default on their loans.
- Persis Yu stated that the student loan system has been chaotic for a long time, with many borrowers feeling pessimistic about the future of income-driven repayment plans.
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4 Articles
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2
Center
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Coverage Details
Total News Sources4
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
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