Trump admin moves to end major student loan forgiveness plan
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The settlement, pending court approval, would resolve a lawsuit from seven states challenging the legality of the Saving on a Valuable Education (SAVE) Plan.
The share of borrowers who are 30-plus days late on paying back their loans is now at 11%.
Thomas has made public comments in the past about facing personal student loan debt.
The U.S. government must process borrower defense claims from applicants who attended schools with past evidence of misconduct by January 2026.
Earnest reports on reclaiming financial confidence despite student debt by understanding loans, exploring options, and taking proactive steps.
A new survey of federal student loan borrowers by the Institute for College Access and Success, a nonprofit focused on college affordability, found that about a fifth of borrowers are currently in either delinquency or default.