The proposed changes arrive based on concerns that federal funds have been used to support organizations the administration views as acting outside the law.

The Trump administration has enacted legislation to fundamentally restructure the federal student loan landscape in the United States. With a $3.3 trillion budget reconciliation package, these changes aim to simplify and streamline the borrowing and repayment process,

The so-called One Big Beautiful Bill and the Trump administration’s executive action are making the future of student loan forgiveness and its tax consequences uncertain.