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Student Loan Planner

Student Loans in Trump’s First Week

Jan 28, 2025
19:35

The first week of a new administration always brings a flurry of activity, but despite a wave of executive orders, the Trump administration hasn’t touched student loans… yet. What does this mean for borrowers? Let’s unpack the silence and uncover what this lack of immediate action says about the administration’s priorities. If you’re curious about policy changes or want to stay ahead of the curve, we break it down in plain terms to help you understand what’s happening — and what could be next.

Key moments:

(01:42) Promises made under the Biden administration might not carry over in a Trump administration

(06:59) Borrowers could be asked to restart payments soon, potentially as early as this spring

(08:27) Should you get an extension to file your tax return? 

(10:52) The big legislative focus is what’s happening with the reconciliation bill

(16:35) We’re still waiting for rulings from the 8th Circuit Court. Will they act, or will Trump’s team make the call?

 

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

 

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