What Trump's Student Loan Forgiveness Plan Means

(Forbes)

President Trump wants to reshape the future of student loans.

Here's what you need to know and how these proposals may affect you.

President Trump: Student Loan Proposals

President Trump released a 10-point plan to reform the Higher Education Act, which is the primary legislation that governs higher education. The Trump Administration believes that previous regulations increased the cost of college and student loan debt. Trump's goals are to "increase access to affordable, flexible, and innovative postsecondary education and skills attainment to meet the interests and lifelong learning needs of every American."

Here are some of the major proposals and their potential impact on higher education, including your student loans: Read more