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Can President Trump Claw Back Student Loan Forgiveness?
Manage episode 451458618 series 2794666
The College Investor द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री The College Investor या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
President Trump generally does not support student loan forgiveness and would likely seek an end to some student loan forgiveness programs.
But can the President claw back student loan forgiveness that has already been granted?
It's sparked a lot of concern in recent weeks, especially as President Biden has continued to propose new student loan forgiveness plans and already has set a record during his presidency for the most student loan forgiven.
As of November 2024, President Biden has provided $175 billion in student loan forgiveness for 4.6 million borrowers, more than any previous president.
For borrowers that have already received forgiveness, the question looms:
Could Trump claw back student loan forgiveness that has already been granted? The answer is generally no.
Let's break it down and learn why past loan forgiveness is likely protected, but future loan forgiveness could be in jeopardy.
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