President-elect Donald is returning to the White House after defeating Vice President Harris, but what will his second term mean for the millions of Americans with student loan debt?

President-elect Donald Trump has promised to gut the Department of Education in his 2nd term, which could increase monthly payments for student loan borrowers.

With only months left in his term, Biden wants to forgive the loans of nearly eight million borrowers experiencing "hardship."

If President-elect Donald Trump kills President Joe Biden’s student loan policies, some payments could go up.

Here are six critical updates on federal student loan forgiveness and repayment initiatives as Trump plans his return to the White House.

Student loan borrowers are worried about their financial futures in the wake of the election of Donald Trump, whose rhetoric has been hostile toward Joe Biden-era loan forgiveness plans.

As noted by Forbes, the Biden administration relied heavily on the regulatory process to expand relief under existing student loan forgiveness and repayment programs, helping more people qualify for them. Through this method, the office avoided drawn-out battles in Congress.

Several of President Biden's efforts at loan relief are in jeopardy, including a repayment plan with millions of borrowers waiting in limbo.