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Trump Criticizes Student Loan Forgiveness

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federal student loan borrowers

CNBC

CNBC

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Student loan borrowers should take these steps before presidential administration changes

CNBC

Summary

Nutrition label

84% Informative

Borrowers should brace for changes related to their student loan debt when President Joe Biden exits office.

The Public Service Loan Forgiveness program isn't going anywhere anytime soon, consumer advocates say.

The Saving on a Valuable Education plan, or SAVE , may not survive.

The Department of Education is reopening two student loan repayment plans.

VR Score

85

Informative language

83

Neutral language

63

Article tone

semi-formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

22

https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service https://www.edvisors.com/about/team/elaine-rubin/https://www.gao.gov/products/gao-24-107150 https://fsapartners.ed.gov/help-center/fsa-customer-service-center/service-centers-for-students/office-of-the-ombudsman-fsa https://studentaid.gov/manage-loans/repayment/plans/income-driven https://www.ed.gov/about/news/press-release/department-of-education-announces-borrowers-can-now-apply-additional-income-driven-repayment-plans https://www.cnbc.com/2024/11/12/trumps-win-may-put-public-service-loan-forgiveness-program-at-risk.html?&doc=108081465 https://studentaid.gov/feedback-center/https://studentaid.gov/sites/default/files/EconomicHardshipDeferment.pdf https://www.cnbc.com/2024/12/26/the-roth-401k-is-becoming-more-common.html?&doc=108081465 https://studentaid.gov/sites/default/files/GraduateFellowshipDeferment.pdf https://www.cnbc.com/2024/11/29/student-loan-borrowers-may-face-higher-payments-under-trump.html?&doc=108081465 https://www.cnbc.com/2024/12/27/if-interest-rates-stay-higher-for-longer-the-winners-are-those-with-cash-accounts.html?&doc=108081465 https://www.cnbc.com/2024/12/27/credit-card-debt-set-to-hit-record-levels-as-consumer-holiday-spending-rises.html?&doc=108081465 https://studentaid.gov/sites/default/files/UnemploymentDeferment.pdf https://studentaid.gov/sites/default/files/MilitaryServiceandPostActiveDutyStudentDeferment-en-us.pdf https://studentaid.gov/help-center/answers/article/icr-plan https://www.cnbc.com/2018/06/22/thousands-of-students-who-say-they-were-defrauded-by-the-art-institute-awaiting-an-answer-from-the-government--.html?&doc=108081465 https://www.cnbc.com/2024/12/23/student-loan-forgiveness-plans-withdrawn-by-biden-administration.html?&doc=108081465 https://studentaid.gov/help-center/answers/article/paye-plan https://studentaid.gov/sites/default/files/CancerTreatmentDeferment-en-us.pdf https://www.cnbc.com/2024/12/30/heres-how-to-decide-on-the-right-student-loan-repayment-plan-for-you.html?&doc=108081465

Source diversity

6

studentaid.gov www.edvisors.com www.gao.gov fsapartners.ed.gov www.ed.gov www.cnbc.com

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