- The Trump administration is delaying student loan forgiveness for public service borrowers by rolling back payment credits granted under the Biden administration.
- Department of Education spokesperson Ellen Keast stated the administration is correcting inaccurate payment counts awarded in error.
- Student loan experts warned that revoking the credits breaches borrower trust and derails long-term career and financial planning.
- The rollback follows the forced termination of the SAVE Plan after a federal judge ruled the Biden-era repayment choice unconstitutional.
- The Trump administration is also phasing out the PAYE plan by 2028 and introducing the new Repayment Assistance Plan as a replacement.
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