Under Trump, the U.S. Department of Education is likely to abandon its efforts to deliver wide-scale student loan relief , experts say.
It has done so mostly by improving existing student loan relief programs that had long been plagued by problems, including the Public Service Loan Forgiveness initiative and income-driven repayment plans.
In June, U.S. District Judge Daniel Crabtree in Wichita, Kansas, described student loan forgiveness as having an "irreversible impact," in his decision to block one of the Biden administration's relief measures.
For example, in February, some borrowers saw their debts reinstated under the Public Service Loan Forgiveness program.
In a new report, the Consumer Financial Protection Bureau cites, among the errors reported by student loan borrowers, "balance reinstatements," in which a loan servicer tacks a loan balance back on to one's account.
Persons:
I've, Trump, Mark Kantrowitz, who've, Joe Biden, Betsy Mayotte, Daniel Crabtree, Biden, aren't, Kantrowitz, they've, tacks
Organizations:
Trump, U.S . Department of Education, Education Department, Public, The, Student Loan Advisors, District, Finance, Black, College Investor, Consumer Financial, Bureau
Locations:
U.S, Wichita , Kansas