Overview

• President-elect Donald Trump has not clarified his stance on student loan forgiveness, leaving borrowers uncertain about future relief.
• Legal challenges from Republican-led states have blocked Biden's efforts to cancel up to $20,000 in student debt for millions.
• Biden's administration managed to forgive loans for 5 million borrowers through existing programs, despite broader plans being halted.
• Trump's campaign did not focus on student loan issues, and he criticized Biden's approach as a failure in the September debate.
• Project 2025, aligned with Trump's priorities, suggests removing the federal government from the student loan business entirely.