Trump administration changes rules on student loan forgiveness

The Trump administration has altered the rules for income-driven repayment plans like ICR and PAYE under President Trump’s One Big Beautiful Bill Act, removing total debt forgiveness after a set number of years. This change could affect 42 million Americans with federal student loans by extending their repayment timelines.

By Danielle Antosz Mon, May 18, 2026 at 3:20 PM GMT+3 6 min read · Yahoo Finance · May 18, 2026, 12:20 UTC

Trump administration changes rules on student loan forgiveness

Topics: debt_relief education policy_change

Read the full article at Yahoo Finance

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