Reported 13 days ago
As President-elect Donald Trump prepares to take office, student loan borrowers face uncertainty over Biden's forgiveness plans. Student loan expert Mark Kantrowitz predicts that Trump's administration may abandon these initiatives since he has historically opposed loan forgiveness. The existing SAVE plan is still in the courts and may not be resolved before Trump's inauguration, meaning borrowers can continue to benefit from interest-free forbearance. If Trump's presidency blocks the SAVE plan, borrowers may need to consider alternative repayment options.
Source: YAHOO