What does Donald Trump believe about your student loans?
Here’s what you need to know.
The presidential election is days away, and it’s important that you understand what Trump’s potential re-election could mean for your student loans. Let’s separate the facts from fiction.
Cancel student loan debt
- There have been many proposals in Congress to cancel student loan debt.
- Trump does not support these plans to cancel student loan debt for all student loan borrowers.
- Similarly, U.S. Secretary of Education Betsy DeVos doesn’t support widespread student loan debt cancellation.
- Could Trump cancel student loan debt? It’s unlikely in a potential second term. However, there’s always the potential for a policy change.