What the election results may mean for student loan forgiveness, repayment, and relief programs

by Adam S. Minsky, Forbes

The 2024 presidential election has ended, and Donald Trump is poised to retake the White House, with big implications for student loan forgiveness and repayment programs that would impact millions of borrowers.

Vice President Kamala Harris ran on the Biden administration’s student debt relief victories, which have collectively resulted in more than five million borrowers receiving student loan forgiveness — even as several initiatives remain tied up in court. Trump, meanwhile, had repeatedly blasted the Biden administration’s efforts to wipe out student debt.

Here’s what the election results may mean for student loan borrowers, and what to expect in the coming months.

 

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