Student Loan Update: Senator Urges Change Impacting Hundreds of Thousands

By Suzanne BlakeReporter, Consumer & Social TrendsShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.U.S. Senator Kirsten Gillibrand is calling on federal officials to step in during the current student loan repayment transition period at the Department of Education.As fallout continues from the Trump's administration's repeal of the Biden-era SAVE repayment plan, Gillibrand said hundreds of thousands of borrowers could be impacted.“The Trump administration’s mismanagement has caused massive backlogs of applications for both of those plans, leaving more than half a million borrowers in a devastating limbo.

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