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The Independent UK
The Independent UK
National
J.R. Duren

Trump begins to roll back Biden-era student loan forgiveness credits

  • The Trump administration is delaying student loan forgiveness for public service borrowers by rolling back payment credits granted under the Biden administration.
  • Department of Education spokesperson Ellen Keast stated the administration is correcting inaccurate payment counts awarded in error.
  • Student loan experts warned that revoking the credits breaches borrower trust and derails long-term career and financial planning.
  • The rollback follows the forced termination of the SAVE Plan after a federal judge ruled the Biden-era repayment choice unconstitutional.
  • The Trump administration is also phasing out the PAYE plan by 2028 and introducing the new Repayment Assistance Plan as a replacement.

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