Trump Win Brings Uncertainty To Student Loan Forgiveness

November 8, 2024 5:19 am

President-elect Donald Trump has not said what he would do on student loan forgiveness, leaving millions of borrowers facing uncertainty over what will happen with their payments once President Joe Biden leaves office. Biden promised the student loan cancellation program during his run for the presidency and Trump has criticized his efforts. From its launch, Biden’s loan forgiveness faced relentless pushback from Republican opponents. They say it heaps advantage on elites and comes at the expense of those who repaid their loans or did not attend college. Borrowers around the country are worried, student loan experts say.