Many of the nearly 43 million Americans who have federal student loan debt are seeing their carefully budgeted monthly payments soar amid Donald Trump’s overhaul of education in the United States.
In the last few weeks, the Trump administration closed applications for all income-driven repayment plans (even ones not blocked by courts) and limited those eligible for public service loan forgiveness (PSLF). That program forgives the loans of government and select nonprofit workers after completing 10 years of service and making 10 years of minimum payments.
