The Trump administration is gearing up for large changes to the Department of Education, which oversees a $1.6 trillion portfolio of student loans.

Borrowers who have already received forgiveness may be on edge asking if the Trump administration will claw back forgiven student loans and force borrowers to repay debt.

President Donald Trump has reportedly set his sights on eliminating the U.S. Department of Education, a long-time Republican goal and promise from his campaign. The proposed plan, though, gives rise to a host of unanswered questions—not least of which is what happens to the 42-plus million Americans with federal student loan debt.

Rumors about student loan payments are circulating online as the Trump administration targets the Department of Education (DOE).

Republicans are looking to cut or eliminate nearly a dozen student loan and federal aid programs administered by the Department of Education. Here are the details.

If you've already received forgiveness, you're likely in the clear. But current borrowers may be running out of time.

These developments may sound the alarm for student loan borrowers. But for now, there’s no need to make dramatic changes to your student loans. “We have to engage in the process that currently