Trump’s Return Puts Biden-Era Student Loan Programs at Risk

Key Biden initiatives like the SAVE Plan and Public Service Loan Forgiveness face uncertainty as Trump prepares for a second term.

Donald Trump's reelection raises concerns over the future of federal student loan forgiveness and repayment programs implemented under Joe Biden.
The conservative Project 2025 blueprint, which Trump may adopt, proposes eliminating the Public Service Loan Forgiveness program and the Department of Education itself.
Biden's SAVE Plan, which reduced payments for millions of borrowers, remains tied up in court and could be abandoned under a Trump administration.
Experts suggest existing borrowers likely won't lose already-forgiven loans or current PSLF eligibility, but new borrowers could face reduced options for relief.
Potential changes could exacerbate racial and gender inequalities, as women and people of color disproportionately carry higher student debt burdens.