Trump administration removes repayment applications: What it means for student loan borrowers
Trump administration removes repayment applications: What it means for student loan borrowers
The Trump administration's removal of student loan repayment applications from the US Department of Education's website has left millions of borrowers without access to crucial income-driven repayment plans and loan consolidation tools. This disruption follows a court ruling blocking the Biden administration's new SAVE plan. While experts expect the pause to be temporary, it raises concerns about long-term impacts on borrowers, especially those relying on loan forgiveness and affordable repayment options.
The Trump administration's removal of student loan repayment applications from the US Department of Education's website has left millions of borrowers without access to crucial income-driven repayment plans and loan consolidation tools. This disruption follows a court ruling blocking the Biden administration's new SAVE plan. While experts expect the pause to be temporary, it raises concerns about long-term impacts on borrowers, especially those relying on loan forgiveness and affordable repayment options.