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Student Loan Repayment May Get ‘Much Worse’ As Trump Seeks To Privatize System, Close Department Of Education

  • Student loan borrowers face uncertainty due to cuts to the Department of Education, impacting relief programs and repayment plans.
  • MOHELA announced that borrowers will not need to recertify their income until February 2026, but many cannot recertify due to application delays.
  • Kyra Taylor, a student loan expert, highlighted that borrowers are receiving recertification notices but cannot process their applications, leading to potential defaults.
  • The end of COVID relief measures has led to credit score declines for many borrowers, with reports of delinquencies starting in January 2024.
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9NEWS Denver9NEWS Denver

Attorney sues Department of Education after seeing her student loan payments skyrocket

The attorney claims she was not informed in advance about the removal of income-driven repayment plans.

·Denver, United States
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The Free Press (Tampa)The Free Press (Tampa)

MSNBC Panelist Warns Trump’s Education Department Shutdown Could End Student Loan Forgiveness

A panelist on MSNBC expressed alarm Friday over President Donald Trump’s decision to begin dismantling the U.S. Department of Education, arguing that the move could effectively eliminate any remaining chances for student loan forgiveness. On Thursday, Trump signed an executive order directing Education Secretary Linda McMahon to initiate the process of closing the federal agency […] MSNBC Panelist Warns Trump’s Education Department Shutdown Coul…

·Tampa, United States
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The Daily CallerThe Daily Caller

MSNBC Guest Really Concerned That Student Loans Can’t Be Forgiven If Education Department Closes

A panelist on MSNBC fretted the Trump administration’s decision to abolish the Department of Education would make it impossible to forgive student loans.

·Washington, United States
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CBS NewsCBS News

Dismantling Department of Education could cause chaos for Americans with student loans, experts warn

Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan borrowers, experts say.

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NewsweekNewsweek

Student Loan Debt news & latest pictures from Newsweek.com

All the latest breaking news on Student Loan Debt. Browse Newsweek archives of photos, videos and articles on Student Loan Debt.

·United States
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Fox NewsFox News
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1330 & 95.5 WFIN1330 & 95.5 WFIN

Student loans, Pell grants will continue despite Education Department downsizing, expert says

President Donald Trump’s executive order aims to downsize the Department of Education, but key programs like student loans and civil rights protections will still continue.

·New York, United States
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Forbes broke the news in United States on Friday, March 21, 2025.
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