Trump Administration Inherits Turbulent Student Loan Landscape as Forgiveness Programs Face Uncertainty

Biden's term ends with historic debt relief for millions, but legal challenges and policy shifts cloud the future under Trump.

President Biden's administration discharged nearly $190 billion in federal student loan debt, benefiting over 5.3 million borrowers through various forgiveness programs.
Key Biden initiatives, including mass forgiveness plans and the SAVE repayment program, face legal challenges or have been rescinded ahead of Trump's return to office.
The Public Service Loan Forgiveness program saw significant expansion under Biden, forgiving loans for over a million borrowers, but its future remains unclear under Trump.
The Supreme Court is set to review legal challenges to borrower defense rules, which could impact relief for students defrauded by their schools.
Republican lawmakers are exploring alternative student loan reforms, such as interest rate reductions and changes to repayment plans, but no clear direction has been announced by the Trump administration yet.