US EditionTrump administration agrees to speed up student loan forgiveness under new court deal
Over 2 million borrowers on income-driven repayment plans are now eligible for resumed loan forgiveness, avoiding tax penalties on relief due to a recent federal agreement.
- The Trump administration agreed to process student-loan forgiveness claims for eligible borrowers on income-driven repayment plans, according to a legal filing from the Department of Education.
- This agreement allows more claims for income-driven repayment plans and tax exemption for borrowers on relief next year.
- AFT President Randi Weingarten stated this agreement provides immediate relief for borrowers stuck in limbo.
- The Department of Education will process claims based on eligibility dates, avoiding new taxes on relief, as noted in their legal filing.
96 Articles
96 Articles
The Trump administration agreed to resume the cancellation of student loans for some 2.5 million borrowers who are enrolled in certain federal payment plans following a demand from the American Federation of Teachers. According to the agreement reached on Friday between the teachers’ union and the administration, the Department of Education will process the cancellation of loans for those who meet the requirements of certain payment plans that o…
Advocates cheer as Trump admin agrees to student loan forgiveness deal
Advocates are ecstatic after the Trump administration agreed to a student loan forgiveness deal that will allow millions of borrowers to see relief, a rare happy break for a group that has found few defenders in the current White House. The administration reached a deal with the American Federation of Teachers (AFT) last week that resumes student debt relief, mostly for those who have been paying on their loans for the past 20 to 25 years. The…
Associated Press News
Trump administration pledges to speed some student loan forgiveness after lawsuit
The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers who are enrolled in certain in certain federal repayment plans following a lawsuit from the American Federation of Teachers.
Trump Admin Agrees to More Student Loan Forgiveness in Deal with Teachers Union
The Trump administration reached an agreement with the American Federation of Teachers (AFT) on Friday to reinstate student loan forgiveness plans after partially blocking them during litigation. The post Trump Admin Agrees to More Student Loan Forgiveness in Deal with Teachers Union appeared first on Breitbart.
Trump Administration agrees to cancel more student loan debt
SHREVEPORT, La. (KTAL/KMSS) — The White House has agreed to cancel student loan debt for millions of borrowers. According to CNBC, the Trump Administration has agreed to forgive student debt under income-driven repayment programs it had partially blocked. Earlier this year, the Department of Education abruptly shut down the online application portals for income-driven repayment (IDR) plans and debt consolidation. Speaker Mike Johnson critic…
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