The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers who are enrolled in certain in certain federal repayment plans following a lawsuit from the American Federation of Teachers.
Already diminished by cuts by the Trump administration, the U.S. Education Department will see more of its work come to a halt due to the government shutdown.
ABC13 spoke to an expert to discuss the impact on people trying to pay for school, as the federal government is putting a cap on student loan borrowing
Nearly 8 million borrowers will see their loan balances start increasing again on August 1.
Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness.