Trump Supports Student Loan Forgiveness in Unexpected Shift ✨

After years of Republicans blasting Biden’s debt relief plans, Trump has now struck a deal with the American Federation of Teachers to allow forgiveness for millions of long-time borrowers under programs his administration had previously blocked. Borrowers who have spent 20–25 years repaying loans through income-driven plans, like ICR or PAYE, will finally see their balances wiped — and they won’t be taxed on the relief. But there’s a catch: Trump’s also moving to phase out these older repayment plans by 2028, meaning future borrowers won’t have the same options.