Republicans do NOT agree with Joe Biden’s efforts to relieve the loan payments from Americans….
President-elect Donald Trump and congressional Republicans are hostile toward Biden’s student loan forgiveness policies, many of which have been tied up in the courts as a result of lawsuits brought by GOP-led states. While Trump has yet to detail his plans for student loans, higher education experts fear the incoming administration will be far more restrictive with debt cancellation and the overall federal student loan program, especially with the help of the Republican majority in Congress.
Millions of borrowers in low-cost repayment plans could see their monthly student loan bill go up, while programs that canceled the student debt of public service workers such as teachers may be on the chopping block. And some loan programs that parents use to fund their children’s education could be in jeopardy, too, the experts say.
Low-hanging fruit
In many ways, the Trump administration could upend Biden’s student loan policies without having to do much. Several key policies are tied up in litigation, and the new administration could simply choose to stop defending them…..
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