Trump Administration Restores Student Loan Forgiveness, Could Fuel Holiday Spending Boom

Trump Administration Restores Student Loan Forgiveness, Could Fuel Holiday Spending Boom

The Trump administration has agreed to resume student loan forgiveness for more than 2.5 million borrowers — a move that could inject billions of dollars back into the consumer economy just as the holiday season kicks off. The decision comes as part of a court settlement between Education Secretary Linda McMahon and the American Federation of Teachers, following a legal standoff over the administration's earlier freeze on key income-driven repayment plans.


User: Benzinga

Views: 7

Uploaded: 2025-10-22

Duration: 01:30

Your Page Title