It’s an unlikely scenario, but the possibility of President Trump abolishing the Department of Education in his second term is a hot topic that’s sparked questions and concerns among student loan borrowers. We’ll explore what that might mean, unpack the fears and anxieties expressed by our listeners, and provide context around the policy implications. Plus, stick around for our “listener mailbag,” where we tackle specific questions and worries that have been pouring into our inboxes.
Key moments:
04:31 Republicans' plan is not actually to eliminate the Department of Ed
10:21 How to handle income recertification for IDR plans during job gaps
16:04 Will the discontinued PAYE plan return amid changes?
22:37 Timing actions around the 0% interest period for student loans
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