Trump Administration Reaches Agreement to Expedite Student Debt Relief Processing
The Trump administration has reached a significant agreement with the American Federation of Teachers to accelerate student loan forgiveness processing. This move comes as borrowers face a looming 2025 deadline that could trigger substantial tax bills on discharged debt.
Agreement Reached on Student Loan Forgiveness Processing
The Trump administration has reached an agreement with the American Federation of Teachers to process more student-loan forgiveness applications, according to reports. The Department of Education under President Donald Trump agreed to continue processing relief for borrowers who have reached payment thresholds on various income-driven repayment plans.