Home News Here’s What Trump’s 2020 Budget Proposal Means for Higher Ed – The Chronicle of Higher Education

Here’s What Trump’s 2020 Budget Proposal Means for Higher Ed – The Chronicle of Higher Education

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President Trump’s proposed federal budget for the 2020 fiscal year, unveiled on Monday, includes a $7-billion cut for the Department of Education, a streamlined repayment process for student loans, and the elimination of the Public Service Loan Forgiveness program.

The proposal, for the fiscal year that begins on October 1, is unlikely to be enacted in a divided Congress. But, as is the case every year, the wish list does signal the White House’s priorities, including those for higher education.

This year’s proposal is yet another effort by the administration to streamline the student-loan system, which could bring down costs for taxpayers and students, said Robert Kelchen, an assistant professor of higher education at Seton Hall University. But the department and the president, he said, “have little ability to change the terms of federal student loans,” a process that must involve Congress.

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