Posted on 10/21/2025 7:24:26 AM PDT by Angelino97
Millions of student loan borrowers will see the “light at the end of the tunnel” after the Trump administration agreed to reinstate loan forgiveness plans it had partially blocked following a court battle.
The Trump administration reached an agreement with the American Federation of Teachers to approve student debt cancellation for millions of borrowers who continually make their regular payments.
The AFT and Department of Education came to an agreement Friday to begin cancelling student loans for borrowers enrolled in income-driven repayment plans...
“This is a tremendous win for borrowers. With today’s filing, borrowers can rest a little easier,” said Winston Berkman-Breen, legal director for Protect Borrowers, which acted as counsel for the teachers’ union.
In a lawsuit filed in March, the AFT – which has about 1.8 million union members – accused Trump officials of blocking federal student loan holders from accessing repayment and forgiveness programs that were in effect when they first borrowed.
The White House had paused student loan forgiveness under some income-driven repayment plans — which calculate a borrowers monthly payment based on their salary — earlier this year...
After months of court battles, the Trump administration however pivoted and allowed for the return of the programs under Friday’s agreement.
“For nearly a decade, the AFT has fought for the rights of student loan borrowers to be freed from the shackles of unjust debt—and today, a huge part of that affordability fight was vindicated,” AFT President Randi Weingarten said in a statment.
“This year, we took on the Trump administration when it refused to follow the law and denied borrowers the relief they were owed. Our agreement means that those borrowers stuck in limbo can either get immediate relief or finally see a light at the end of the tunnel.”
(Excerpt) Read more at nypost.com ...
After months of court battles, the Trump administration however pivoted and allowed for the return of the programs under Friday’s agreement.
If it was in the agreement, then it should be honored.
I’m guessing this is around government employment for ten years, or such.
Why is a teachers union in charge of dictating how the federal government spends the taxpayer’s money?
IN ENGLISH-—PLEASE.
ARE THEY WALKING AWAY FROM THEIR LOAN BALANCES?
OR ARE THEY GETTING DECENT REPAYMENT PLANS /REORGANIZATION ???
Will the people who foolishly paid off their loans be getting refunds?
smh
If this doesn’t include the government getting OUT of the student loan business, then screw ‘em all imho.
I suspect there are details not yet public, however.
Unjust debt? Weingarten is such a leach. I recall how, when asked about school students during a teachers strike, it said that it would worry about students when they start paying dues.
As a tax payer I think this is total horse S.
I hated it under Biden and I still hate it under trump. This is a mark against him if it goes through.
“Why is a teachers union in charge of dictating how the federal government spends the taxpayer’s money?”
***********
Because our system enables those with voting power to have access to the U.S. treasury. Every group wants it.
In other words college is a rip off. Thank you ATF for admitting there are degrees which are totally worthless.
Congress could work out a way to deal with student debt IF they could also get the gov out of the loan business all together (plus cut back on a lot of student visas)
Colleges will have to lower tuition or go kaput
It could work out for both sides of the aisle but will never happen
This really pisses me off. First, there’s no way the Federal gov’t should be in the loan business. Second, the benefits of the loan accrue directly to the borrower; there is no direct benefit to the tax payer. Third, thousands of taxpayers can’t afford to send their kids to school and don’t believe in the student loan program, but now he’s shift the burden of that debt from the backs of students (where it belongs) to the backs of taxpayers (where it doesn’t belong).
And don’t give me this “informed citizen” argument. I don’t believe that students with a major in Gender Studies does anything to enhance the overall knowledge in the US.
Crap, this sucks. We aggressively paid off loans……..so we get F#%{}d
This is insane.
This is apparently for borrowers who chose to borrow when certain repayment/forgiveness programs were in place.
It is those that were being held up and now released by the Administration. Got no problem with that. They borrowed expecting the current law at that time to be reality. Might as well reactivate those programs for those borrowers. Any court would rule in that favor anyway.
The programs are often things like “agree to teach on an Indian Reservation for X years”.
“This is a tremendous win for borrowers.”
Borrowers?? Aren’t borrowers people that repay what they borrow?
Which is why the public employees unions control the state and local governments in California.
Every politician seeks endorsements from the unions and associations representing Police, Fire, Nurses, Teachers, Prison Guards, and Dept of Water & Power employees.
According to https://www.newsweek.com/student-loan-forgiveness-update-trump-admin-cancels-debt-for-millions-10906132: "To qualify for these plans, borrowers typically must have made 20 to 25 years of consecutive qualifying payments, depending on loan origination date and plan enrollment. As of October 2025, these plans account for more than 2 million borrowers.".
In other words, if I understand it correctly, there is student debt cancelled (read: transferred to taxpayers paying it) for the students who have been paying small but regular payments on student loans for many years.
Exactly, there was a period of time the government was offering as a program a loan debt forgiveness if you took a government job and work for 10 years AND made all your payments in-between
As much as I don’t like any debt forgiveness this was a contractual deal and does need to be honored. IMHO it was a bad mechanism to get new government employees, but a deal is a deal.
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