What a Trump Presidency Might Mean for Student Loan Forgiveness

Millions of federal student loan borrowers are facing uncertainty — or, rather, even more uncertainty — after last week's presidential election. President Biden will leave office with much of his student loan agenda tied up in the courts — and Donald Trump has been actively hostile to the kind of broad-based student loan forgiveness that Biden has championed. Not only that, millions of borrowers aren't even sure what their monthly loan payments will be, as they're enrolled in a repayment plan that's in legal jeopardy, raising big questions about if or when they could see their loan costs spike. What do borrowers need to know? Here's a look at where things stand.