With Trump’s unexpected victory in the popular vote and key swing states, and a likely Republican majority in Congress, significant changes to student loan policies may be on the horizon. We’ll look at possible shifts in Public Service Loan Forgiveness (PSLF) that could make it harder to qualify, and the potential elimination of the Saving on a Valuable Education (SAVE) plan. We’ll discuss recent court rulings that could reshape repayment strategies, like the 8th Circuit Court decision on the Income-Contingent Repayment (ICR) statute. We'll also touch on political dynamics influencing these changes, including Republican and Democratic strategies, the implications of past proposals like the Prosper Act, and what borrowers need to consider moving forward.

Key moments:

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