Overview

• President Trump aims to terminate student loan forgiveness programs initiated under President Biden, citing constitutional concerns.
• The administration plans to close the Department of Education, reallocating or cutting its $30 billion budget for Pell grants and student loans.
• A proposed Department of Government Efficiency is expected to reduce funding for humanities research and other non-STEM fields in universities.
• Trump seeks to restrict international student visas, potentially reducing a major revenue source for universities that rely on full-tuition-paying foreign students.
• New policies may include increased taxes on large university endowments and the creation of a government-backed online education platform to compete with traditional colleges.