As Trump throws a bone to Gen Z on student debt, watchdog calls it an ‘incoherent political giveaway,’ straight out of Biden’s playbook
The Trump administration’s announcement on Friday of an indefinite pause on the collection of defaulted federal student loan debt, including through the Treasury Offset Program, at least temporarily extends a program that began more than half a decade ago, as a temporary pandemic measure under the first Trump Administration. It has since been extended through both bipartisan legislation and administrative action during the Biden administration.
The student-debt relief will likely come as relief to many members of Gen Z...