Can President Trump Claw Back Student Loan Forgiveness?
The College Investor Audio Show · The College Investor
Audio is streamed directly from the publisher (podcasts.captivate.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
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.