Our FY 2026-27 budget continues our accelerated debt repayment initiative. This will allow us to have paid off, during my tenure as governor, more than 52% of the state’s historical debt. This also has saved billions on reduced principal and foregone interest costs.

Education Department Will Restrict Student Loan Forgiveness Credit Under New Repayment Plan The new rules set the framework for how federal student loans can be repaid following the passage of historic legislation by congressional Republicans and President Donald Trump last year that will fundamentally reshape how borrowers repay their student loans. But buried in the new regulations is a significant change that may ultimately impose major costs on borrowers by limiting their ability to receive credit toward student loan forgiveness when changing their repayment plan. Read more: (Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images)

What’s on Education Secretary Linda McMahon’s to-do list? - Gut affordable student loan repayment plans - Roll back protections for students with disabilities - Weaken accountability for shady for-profit colleges I’m fighting back.

The challengers hope to block the Education Department from forcing SAVE plan borrowers to move their student loans onto other, more expensive, repayment plans. Here's the latest: (Photo: Jacquelyn Martin via Associated Press)

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