Student loan borrowers face abrupt 180 as GOP budget plans threaten to raise payments

[BumRushDaShow]

Source: The Hill

02/25/25 6:00 AM ET


Student loan borrowers could see their payments increase under budget plans currently under discussion by House Republicans, a violent about-face after years of working with the Biden administration to lower payments and secure debt relief. While the GOP proposals might change quickly, student loan forgiveness is now a thing of the past, and borrowers are bracing as their loans become a potential reconciliation target.

“We really see this as an attack on students and working families with student loan debt. We’ve seen an array of really problematic proposals that are on the table for congressional Republicans,” said Aissa Canchola Bañez, policy director for Student Borrower Protection Center. “Many of these would cause massive spikes for families with monthly student loan payments,” she added.

The House and Senate are working on competing massive legislative packages to fund the government and advance President Trump’s agenda, with the lower chamber aiming to vote on its budget reconciliation resolution as soon as Tuesday. With a slim majority, Speaker Mike Johnson (R-La.) can afford few defections.

House Republicans had more than a dozen proposals on the table in a January memo about how to cut higher education costs, with some considered more likely to come to pass than others. One that is seen as probable is the death of the Biden-era Saving on Valuable Education (SAVE) income-driven repayment (IDR) plan, which the 8th U.S. Circuit Court of Appeals ruled to block last week.

Read more: https://thehill.com/homenews/education/5161507-student-loan-payments-gop-budget-reconciliation-trump-johnson-biden/

[not fooled]

1. How many young people who don't vote

or voted for the orange anus because of carefully engineered social media content will now be hurt by this?

It takes much less time to be informed on the issues and vote accordingly than to live with the consequences of puke policies.

[yardwork]

3. Not just young people.

There are people in their 60s and older carrying student debt loans.

[FirstLight]

4. Im 55 and still dealing with student loans

I was even back in school till i fucked up this semester...

[ForgoTheConsequence]

6. How many Democrats did vote and our going to be hurt by this?

I'm guessing the number is more.

[AZ8theist]

7. I'm 67 and retired......

....still paying for my kids PLUS loan.

[Diamond_Dog]

2. They have some nerve complaining that loan forgiveness wasn't done through Congress!

When most of what the Orange Goon and his sidekick have done hasn’t had Congressional approval, either!

[MAGICBULLET]

5. I paid my loans on a monthly basis from 2000-2019

with a total of 96k and STILL had 18k left to pay. The government forgave my loans because I overpaid. What type of abusive fuckery is this now implying I may still have to pay for something they already confirmed I paid in full?

[turbinetree]

8. To all of the maga mommies and daddies what do you think of being co-signers to your kids loan.........

do you think this is Biden's fault.............after all you voted for these assholes to have power..............