With a new President in office, many student loan borrowers are hoping for a change for the better. There has been quite a bit of discussion in the past years about the national “student loan bubble” and what to do about it, and people are looking to Donald Trump to take action.
He has made some statements in the campaign last Fall, but has not taken any action on it so far in his first 100 days. But I thought it would be interesting to discuss in this episode what he has said to give an idea of what he might do in the future if and when he takes action.
For more information on the topics discussed in this episode, see:
- What is Income Based Repayment (IBR) on my student loans?
- What is the Pay As You Earn (PAYE) plan for my student loans?
- What is the Revised Pay As You Earn plan for my student loans?
- Should the government make a profit on federal student loans?