Author Topic: Republicans release plan to overhaul student loan system, slash repayment plan options  (Read 27 times)

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Offline Timber Rattler

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https://www.cnbc.com/2025/04/29/student-loan-overhaul-by-gop-to-slash-repayment-plans-limit-borrowing.html

Quote
House Education and Workforce Committee Republicans have released their plan to overhaul the country’s student loan and financial aid system, calling for limits on student borrowing and a reduction to the repayment options for borrowers.

The GOP measure, known as the Student Success and Taxpayer Savings Plan, is aimed at helping Republicans pass President Donald Trump’s tax cuts.

“For decades Congress has responded to the student loan crisis by throwing more and more taxpayer dollars at the problem — never addressing the root causes of skyrocketing college costs,” committee chairman Tim Walberg, R-Mich., said in a statement.

EXCERPT

I don't think this is going to help Trump and the Republicans like they think it will.  Middle class parents will take this hit.
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