Student Loan Update: Trump Admin Rolls Back Forgiveness for Some Borrowers
Officials said the rollback is due to coding and payment-count errors dating back to changes implemented during the Biden administration in 2024. Read More on EducationA department spokesperson previously said that the Federal Student Aid office "identified multiple PSLF counter code errors stemming from changes implemented in May 2024 under the Biden Administration. These errors resulted in inaccurate payment counts for some borrowers." "Like other missteps caused by the previous Administration, FSA has resolved the issue and already notified the vast majority of affected borrowers of updates to their payment counts," a spokesperson for the Department of Education told Newsweek.
- ▪Officials said the rollback is due to coding and payment-count errors dating back to changes implemented during the Biden administration in 2024.
- ▪Read More on EducationA department spokesperson previously said that the Federal Student Aid office "identified multiple PSLF counter code errors stemming from changes implemented in May 2024 under the Biden Administration.
- ▪These errors resulted in inaccurate payment counts for some borrowers." "Like other missteps caused by the previous Administration, FSA has resolved the issue and already notified the vast majority of affected borrowers of updates to their
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| Publication time | Tue, 18 Aug 2026 18:08:15 -0400 |
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By Suzanne BlakeReporter0ShareNewsweek 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.Some student loan borrowers working toward federal debt relief are seeing their path to forgiveness get longer after the Trump administration confirmed it is reversing certain Public Service Loan Forgiveness (PSLF) credits that had previously been applied to their accounts.The Department of Education said the changes affect borrowers pursuing PSLF, a program that forgives remaining federal student debt for qualifying government and nonprofit workers after they make 120 qualifying monthly payments, or roughly 10 years' worth of payments.
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