Trump may roll back student loan forgiveness programs if elected to second term

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If elected again, Trump could make deep cuts to financial aid programs for students. He has even called for shuttering the U.S. Department of Education.

As president, Trump called for the elimination of the Education Department's debt relief programs, including the popular Public Service Loan Forgiveness initiative, which benefits public employees such as members of the U.S. Armed Forces, first responders, public defenders, prosecutors and teachers.

Former President Donald Trump gives the keynote address at Turning Point Action's "The People's Convention" in Detroit, June 15, 2024."The students aren't buying it, by the way," Trump said to a crowd of a couple of thousand people near Lake Michigan.to block President Joe Biden's first attempt at broad student loan cancellation: "He got rebuked, and then he did it again."As president, Trump called for the elimination of the U.S.

Cheung did not answer specific questions from CNBC about what Trump plans to do regarding student debt and education if he is elected president.Members of Trump's party, meanwhile, have already stymied many of Biden's efforts to deliver student loan relief. Most recently, lawsuits by Republican-led states, including Florida, Arkansas and Missouri, resulted in two federal judges, plan, and from further reducing enrolled borrowers' payments in July, as it planned.

"College is a personal choice that comes with many adult decisions," the second person said. "It is not the federal government's responsibility to pass those personal decisions off onto our country's taxpayers." Protesters from We The 45 Million project a message on the outside of the U.S. Department of Education building in Washington asking the department to cancel student debt, March 14, 2022.Parker said Congress needs to hold legislative hearings and bring in campus leaders to justify their tuition hikes, excessive administrative costs and degree programs that lack transparency on career outcomes."Why are the banks taken out of this?" Parker asked.

 

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