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GOP Unveils Student Loan Repayment Plans Amid Pandemic Pause

1/26/2026

33 5 Full Breakdown

Summary

Story summary

Republicans roll out new student loan repayment policies to aid borrowers as pandemic pauses end.
They argue debt cancellation is unfair to borrowers who do not hold loans.
The GOP's One Big Beautiful Bill Act offers two repayment options, including an income-based plan.
Education Secretary Linda McMahon paused wage and tax refund seizures, citing borrowers' financial struggles.
New plans are expected to launch in July.

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Story summary

Republicans roll out new student loan repayment policies to aid borrowers as pandemic pauses end.
They argue debt cancellation is unfair to borrowers who do not hold loans.
The GOP's One Big Beautiful Bill Act offers two repayment options, including an income-based plan.
Education Secretary Linda McMahon paused wage and tax refund seizures, citing borrowers' financial struggles.
New plans are expected to launch in July.