Two of Biden's key debt-relief initiatives are tied up in court: his SAVE income-driven repayment plan, intended to make student-loan payments cheaper for borrowers, and his broader loan forgiveness plan, set to benefit over 30 million borrowers. "And to put it mildly, we're not going to see that same attitude under the Trump administration." Trump has offered minimal detail on his student loan plans once he takes office. AdvertisementThe fate of cheaper payments under Biden's SAVE planBiden's SAVE plan lowered monthly payments for many borrowers based on their income and set them on a quicker path to relief. AdvertisementBorrowers would likely lose the lower monthly payments they were receiving under SAVE if Trump eliminates the program, Bass said.

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Persons: Donald Trump, Joe Biden, Biden, Preston Cooper, we're, Trump, Jared Bass, Bass, Cooper, it's, Virginia Foxx, Foxx, Bobby Scott, Scott Organizations: SAVE, Trump, GOP, American Enterprise Institute, American Progress, Republicans, Senate, GOP Rep, PSLF, Education Department, Department of Education, Biden's Education Department, Defense, Public