Reports indicate that the Trump administration may dismantle the U.S. Department of Education, prompting questions about its impact on nearly $2 trillion in student loans. Critics warn that eliminating key programs could hurt rural and low-income students.
Samuel Rowser, a nonprofit leader, emphasized the importance of loan forgiveness programs, which help graduates invest in homes and transportation. However, economics professor Evsen Turkay Pillai cautioned that such forgiveness creates “moral hazard,” reducing responsible financial choices and burdening taxpayers.
Rowser remains optimistic, stressing the importance of education access despite potential policy changes. He urged students to persevere and seek available support systems.