"Student loans have been an important bridge out of poverty and towards independence for many people."
"If the Trump Administration proceeds with its changes, LGBTQ+ borrowers will face significant challenges and penalties in the federal loan structure."
The article discusses the disproportionate impact of student loan burdens on LGBTQ+ individuals, highlighting that over one-third of young adults in this community hold federal student loans. It notes the $183 billion in debt relief provided by the Biden administration, which benefited an estimated 336,000 LGBTQ+ adults. However, impending changes proposed by the Trump administration, such as ending income-driven repayment plans and the Public Service Loan Forgiveness program, threaten to worsen their economic conditions and access to education financing.
Read at Advocate.com
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