Trump Student Loan Forgiveness Plans

President Trump made some major changes to student loan forgiveness programs - and most people don't know it. Combine that with the proposals rolled out by Education Secretary Betsy DeVos, and the Trump presidency was mired with student loan controversy.

Let's break down the changes Trump's administration has done with student loan forgiveness, and then talk a little bit about the proposals that he's made for his next presidency.

Remember, proposals are just that - proposals. It doesn't mean that these changes will go into effect. However, it's a great reminder for people with student loans that it might be a good time to take action on your debt if you've been neglecting it.

With most proposals, they take effect for future loan borrowers - that means, if you're in a repayment plan or student loan forgiveness plan right now, you'll likely be grandfathered in.

It sounds like it could be confusing, but it doesn’t have to be. You can sign up for these programs for free at StudentLoans.gov.

Okay, so let's talk about the potential changes to student loan forgiveness programs.