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Here’s what to know about the current status of the different federal student loan forgiveness opportunities under the Trump administration.

Watch out for student loan scams as collections resume: ‘Scammers see opportunities,' expert says By Kamaron McNair, CNBC • Published May 9, 2025 • Updated on May 9, 2025 at 11:36 am ...

Personal loans are also options to obtain a few thousand dollars in cash to help you get by while you wait for your tax refund, but be wary of the interest you may incur.

During the Biden administration, the Labor Department regularly announce it was forgiving student debt for thousands of people, but that has changed under Trump.

Here’s what to know about the current status of the different federal student loan forgiveness opportunities under the Trump administration.