Trump’s 'big beautiful bill' caps student loans. Here's what it means for borrowers
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最新报道：Former President Donald Trump proposed a $50,000 cap on federal student loan debt during a campaign rally, calling it the "Big, Beautiful Bill" to address the growing crisis. The plan would forgive amounts above the cap for borrowers meeting income requirements, while capping future loan accruals. Critics argue the measure lacks funding details and could disproportionately benefit higher earners. The proposal comes as student debt surpasses $1.7 trillion nationally, emerging as a key issue in the 2024 election cycle. Education Secretary Miguel Cardona called it "a political stunt," while some Republican lawmakers expressed concerns about moral hazard.
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