History Listory

A chronological record of major political events in modern American history.

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Student Loans

2025 March

2025-03-07 Trump revised student loan forgiveness to exclude anyone they (the Trump administration) deem “anti-American” or “activists”.

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-restores-public-service-loan-forgiveness/

2025 July

2025-07-15 Students from low-income backgrounds will have fewer options to finance their education while losing access to essential social safety net programs and fewer repayment plan options with steeper monthly payments, all thanks to the Trump administration and their policies.

https://ticas.org/affordability-2/provisions-affecting-higher-education-in-the-reconciliation-law/

2025 November

2025-11-20 The Department of Education declassified nursing careers as professional, thereby restricting their student loan limits.

https://www.nbcnews.com/news/education/trump-administration-says-nursing-isnt-professional-degree-new-limits-rcna245911

https://nurse.org/news/nursing-excluded-as-professional-degree-dept-of-ed/

https://www.ed.gov/about/news/press-release/myth-vs-fact-definition-of-professional-degrees

https://www.nurse.com/blog/nursing-no-longer-classified-as-a-professional-degree-whats-at-stake/

https://www.usatoday.com/story/news/nation/2025/11/21/what-considered-professional-degree-explained/87396245007/

2026 January

2026-01-01 Trump’s IRS is going to consider student loans as income and start taxing them.

https://www.cnbc.com/2026/01/01/student-loan-forgiveness-taxes.html

2026 April

2026-04-28 After the DOE declassified nursing careers as “professional”, Senator Merkley pressed Linda McMahon on why she gutted TRIO, a program designed to encourage nursing careers. McMahon said declassifying nursing jobs would make tuition more affordable. What really has happened is students who can’t get a sufficient federal loan with low interest now will have to seek out a privatized loan with higher interest rates.

TIMESTAMP 5:32 https://www.youtube.com/watch?v=lDtPiBp3j3Y&list=WL&index=1&t=321s