economy
February 17, 2026
Trump administration identifies more borrowers eligible for student loan forgiveness, court filing shows
The Trump administration identified more than 40,000 borrowers eligible for federal student loan relief in January, a recent court filing shows.
TL;DR
- Over 40,000 borrowers were identified as eligible for federal student loan forgiveness in January.
- Eligibility was granted through Income-Based Repayment, Income-Contingent Repayment, and Pay as You Earn plans.
- 18,160 borrowers qualified for forgiveness through the Public Service Loan Forgiveness (PSLF) program.
- These efforts suggest an increase in the Trump administration's initiatives to reduce student loan debt.
- A backlog of over 626,000 applications for affordable repayment plans persists, though processing has improved.
- The PSLF buyback application queue is growing, with over 86,520 borrowers in January.
- The American Federation of Teachers sued the administration, leading to a settlement for debt discharge for public service workers.
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