Forbes(@Forbes):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: https://t.co/EcHAPg9lkv (Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images)

2026.05.04 19:24

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)