Trump's win brings uncertainty to borrowers hoping for student loan forgiveness
4 months, 2 weeks ago

Trump's win brings uncertainty to borrowers hoping for student loan forgiveness

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Savannah Britt owes about $27,000 on loans she took out to attend college at Rutgers University, a debt she was hoping to see reduced by President Joe Biden’s student loan forgiveness efforts. She owes about $18,000, and she was in the process of it being forgiven, but it’s at a standstill.” President-elect Donald Trump and his fellow Republicans have criticized Biden's loan forgiveness efforts, and lawsuits by GOP-led states have held up plans for widespread debt cancellation. Trump called it a “total catastrophe” that “taunted young people.” Biden promised the student loan cancellation program during his run for the presidency. Yu noted the Biden administration managed to cancel student loans for about 5 million borrowers, even though the signature forgiveness effort has been blocked.

History of this topic

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10 months ago
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10 months ago
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1 year, 1 month ago
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1 year, 1 month ago

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