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Podcast: γ¬γ’γΈγ§γθ±δΌθ©± Daily News Article Podcast
Episode: Trump administration pledges to speed up some student loan forgiveness after lawsuit
Description: The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers who are enrolled in certain federal repayment plans following a lawsuit from the American Federation of Teachers (AFT).
Under the agreement reached on October 17 between the teachers' union and the administration, the Education Department will process loan forgiveness for those eligible in certain repayment plans that offer lower monthly payments based on a borrower's earnings. The government had stopped providing forgiveness under those plans based on its interpretation of a different court decision.
The agreement will also protect borrowers from being hit with high tax...