President Trump signed the “One Big Terrible Bill” into law, making over $300 billion cuts to critical higher ed and financial aid programs, raising costs and making the system harder to navigate. This blog helps answer some questions students and borrowers are asking right now.
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ED held a Neg Reg session to codify Trump’s March executive order calling on ED to limit PSLF eligibility for public service workers employed at organizations or state/local governments doing work that conflicts with the Administration’s right-wing agenda. Amy Czulada was in the room—read her firsthand account.
Since the beginning of the second Trump Administration, the EdTech industry has been conspicuously silent as its college and university clients face escalating financial and ideological attacks. One reason for this deafening silence could be the industry’s anticipation of supercharged access to federal education funds now that the Republican-controlled Congress has passed its massive budget reconciliation bill.
Trump’s promise to lower costs for working people is a lie. In fact, President Trump and his allies are taking nearly $20 billion owed to families and giving it back to Wall Street, Big Tech, and corporate scammers.
Congress’s plan to dramatically shrink the federal student loan program will force students to seek expensive, high-risk private student loans—benefiting companies with troubling records of consumer abuses.
Read quotes from borrowers across the country on the need for affordable student debt payments and relief.
Congressional Republicans want to make it harder for their own constituents to afford graduate education and compete in today’s job market.
Instead of investing in public education and making college more affordable for working families, the Republican tax bill will make it harder for families to make ends meet and push millions further into debt—all to pay for another round of tax cuts for billionaires.
As Trump and McMahon prepare to set their student debt collectors loose on American families, ED has yet to answer basic questions about how this will work, who will be required to pay, when payments are collected, and how much borrowers will owe.
What Trump’s CFPB has and hasn’t done in the first two months of Russell Vought’s control of the Bureau. Vought has so far illegally fired staff, halted the Bureau’s critical work, and pardoned corporate lawmakers.