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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Trump Administration to Expedite Student Loan Forgiveness Programme Under Court Deal

The filing is awaiting court approval. (Credit: Photo Credit: Freepik)

The Trump Administration will speed up student loan cancellation for those under income-driven repayment (IDR) programmes, which will shield borrowers from unexpected tax bills next year.

The development comes after the American Federation of Teachers (AFT) reached a deal in the AFT versus US Department of Education case over the government's obligation to forgive student debt for those who have made payments for decades under federal law.

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