Local economics professor reacts to changes to federal student loan policies

Calling in student loans is both cruel and terrible economics.

As President Donald Trump’s reckless tariff policies upend the global economy, the administration has debuted another terrible idea: calling in student loans.

Local economics professor reacts to changes to federal student loan policies

BUFFALO, N.Y. (WIVB) -- The Trump administration and the Department of Education recently announced significant changes to federal student loan policies. Collections on defaulted federal student loans will resume in less than two weeks. President Donald Trump said the move is necessary to return accountability to borrowers. But college graduates said they're hurting enough. "Even before all of this, current college students and college graduates…

How the Trump administration's student loan policies could impact borrowers

Millions of student loan borrowers in default could soon see their wages garnished under the Trump administration's policies, and Americans who entered public service fields expecting loan forgiveness could see that promise broken. CBS News' Nancy Chen explains.

Trump to Begin Collecting on Student Loan Debts After Biden’s Pause

The post President Trump to Begin Collecting on Student Loan Debts After Bribery Biden’s Pause appeared first on 🔔 The Liberty Daily.

Donald Trump Administration To Seize Wages, Pensions, And Tax Refunds To Repay Student Loans: ‘Debt Cannot Be Wiped Away’

President Donald Trump and his administration are again reminding us that student loan “debt cannot be wiped away” as they plan to seize wages, pensions, and tax refunds to settle debts owed. RELATED: Biden Administration To Cancel $5 Billion More In Student Loan Debt For Over 80,000 Borrowers  While former President Joe Biden and former Vice President Kamala Harris attempted to help hundreds of thousands of student loan borrowers by seeking to …

Trump's action on student loans could further tarnish Biden's legacy - Conservative Journal Review

When it comes to student loans, President Donald Trump is really shaking up the game by moving to take money out of the paychecks of people who are in default on their payments. The Education Department took aim at former President Joe Biden for his "irresponsible" policies on student loans earlier this week, saying that it would again start collecting on defaulted loans for the first time in years, as the Washington Examiner reported. Since com…