Trump administration agrees to student debt and tax relief after lawsuit

The Department of Education agreed to procedures for student debt relief so borrowers who are eligible to have their loans canceled this year don’t get hit with a huge tax bill due to the Trump administration’s processing delays. 

The parties in a lawsuit filed by the American Federation of Teachers AFT against the U.S. Department of Education filed a joint status report in federal court last Friday agreeing to a series of actions to protect borrowers enrolled in income-driven repayment plans and provide student debt relief to borrowers who have been making payments under those plans for decades, as required by federal law. The parties asked the court to enter their agreement as a court order.

“For nearly a decade, the AFT has fought for…