
How Trump’s Presidency Is Impacting Student Loans And Debt Forgiveness
President Trump announced plans to shift federal student loans from the Education Dept. to the Small Business Administration.
The Trump administration has signaled plans to shut down the U.S. Department of Education. This mimics the plans outlined in section 3 chapter 11 of Project 2025:
“Federal education policy should be limited and, ultimately, the federal Department of Education should be eliminated” (p. 319).
Trump plans to cut programs and staff via executive orders and call on Congress to close the department entirely—despite 87.3% of Americans benefiting from the program.
The Trump administration is reportedly drafting an executive order which would eliminate the DOE.
The proposed cuts to the Department of Education would have significant and far-reaching effects on Americans, particularly students and families. These cuts would impact various aspects of education, from K-12 to higher education, and disproportionately affect low-income communities.
School districts are already bracing for potential federal funding cuts, which could lead to larger class sizes for your kids, fewer resources, and reduced support for vulnerable students.
Section 3 Chapter 18 of Project 2025 proposes significant changes to labor laws and worker rights that would substantially weaken unions and worker protections.
The Occupational Health and Safety Administration (OSHA) is undergoing significant changes under the Trump administration. These changes have involved a focus on deregulation and reduced enforcement.
The Trump administration is significantly impacting workers unions and labor relations. Key changes include:
Since Donald Trump returned to the White House in January 2025, several major tax changes have been proposed or implemented. Here’s what they mean for you and your wallet:
1. State and Local Tax (SALT) Deduction Cap
What’s Changing? Trump has proposed eliminating the $10,000 cap on state and local tax (SALT) deductions, which was put in place under the 2017 Tax Cuts and Jobs Act (TCJA).
Who Benefits? Wealthier Americans would see significant tax cuts.
What’s the Impact? This would increase the federal deficit, potentially leading to cuts in public services or future tax hikes.
Section 4 Chapter 26 of Project 2025 discusses the use of tariffs in its economic reform proposals.
What’s Changing? Trump has proposed tariffs of up to 60% on imported goods.
How It Affects You: Higher import taxes mean higher prices on everyday goods, including:
According to the Peterson Institute for International Economics, these tariffs could cost the average American household over $2,600 per year. Middle and lower-income families will feel this impact the most, as rising costs may outstrip any tax savings they receive.
What’s Changing? Trump and Republicans are pushing to slash corporate tax rates from 21% to as low as 15%. Their plan also simplifies the tax code by eliminating many deductions and credits for businesses.
Who Benefits? Large corporations and billionaires, as they pay less in taxes.
What’s the Impact? The lost tax revenue—estimated to increase the federal deficit by $4 trillion—could result in major cuts to programs like:
If these tax breaks pass, the total cost could exceed $5 trillion over ten years, shifting money away from middle and lower-income Americans to benefit corporations and the ultra-wealthy.
Project 2025 calls for the following tax policy changes:
1. A consumption tax on all goods: Project 2025 calls for a consumption tax on all purchases. (page 698)
2. Income tax hikes: For taxpayers in the 10% or 12% tax rate brackets now, Project 2025 would raise the federal income tax rate to 15%. For taxpayers in the 22% and 24% tax rate brackets, Project 2025 would raise the federal income tax rate to 30%. (page 696)
Economists estimate that a middle-class family with two children and an annual income of $100,000 would pay $2,600 in additional federal income tax if they faced a 15% flat tax on their income due to the loss of the 10% and 12% tax brackets. By comparison, a married couple with two children and earnings of $5 million a year would enjoy a $325,000 tax cut.
3. Home mortgage taxes and interest rates will go up too: Project 2025 calls for eliminating the State And Local Tax deduction (SALT) and privatizing the government’s mortgage lending vehicles, Fannie Mae and Freddie Mac, estimated to cost the average homeowner around $1200 per year as mortgage rates go up. (pages 697, 706)
Want more details on these bad tax plans? LEARN MORE HERE and HERE
Section 3 Chapter 20 of Project 2025 suggests significant changes to the Department of Veterans Affairs (VA) and veterans’ benefits.
Recent executive orders have significantly impacted veterans, particularly those employed by or receiving care from the Department of Veteran Affairs (VA)
Endorsed by over 100 right-wing groups, Project 2025 is a blue-print for the next conservative administration to gut checks and balances in order to take control of our lives and to take away our rights and freedoms.
Routes from every EAS Airport in the lower 48 states, as of August 21, 2023. Source
Source – The Heritage Foundation
Experts warn that ending the EAS could lead to the closure of numerous small airports, leaving rural communities isolated and disconnected from the rest of the country. Without these subsidies, a round-trip flight that currently costs $200 could skyrocket, making it difficult for many families to afford necessary travel and limiting economic prosperity for rural regions. EAS services are vital for cites like Page, AZ who would otherwise rely on driving to Las Vegas, which is 4.5 hours away.
President Trump announced plans to shift federal student loans from the Education Dept. to the Small Business Administration.
Discover how Project 2025, a plan from The Heritage Foundation, aims to reshape the U.S. government with a focus on trade and tariffs.
Paul Dans, a key figure in Project 2025, reflects on his controversial exit and ongoing alignment with Trump, despite past tensions.
The Trump regime targets pro-worker policies, ending FMCS card check facilitation, hindering union formation efforts. Learn more about Project 2025.
Mark Zuckerberg ended Meta’s DEI programs, aligning with the Trump administration and sparking criticism from former Meta leaders.
Originally by at www.pbs.org WASHINGTON (AP) — In what he called the “most consequential day of deregulation in American history,” the head of the Environmental Protection
The Fulcrum explores Project 2025’s impact on labor, highlighting Elon Musk’s controversial role in cutting fraud while undermining agencies.
Rep. John Rose admitted Project 2025 helped Trump implement executive orders, contradicting Trump’s claim of no involvement with it.
In the wake of last year’s election, NOAA faces deep cuts and mass firings under the Trump administration, impacting weather forecasting and climate science.
President Trump’s early energy policy aligns with Project 2025’s call to cut federal regulations, but some key recommendations remain unaddressed.
Explore potential shifts in employee benefits under Trump 2.0 by examining Project 2025. Key changes may impact ACA, No Surprises Act, and more.
The Fulcrum explores the impact of Trump’s VA reforms, raising concerns over privatization, staffing cuts, and their effects on veteran care.
One month into his second term, Trump’s drastic government cutbacks disrupt federal cybersecurity efforts, as Musk’s tech team gains controversial access to agency data, sparking alarm among experts.
Elon Musk’s DOGE, backed by Trump, aims to cut federal fraud but seems driven by a partisan agenda, risking government efficiency and public safety.
President Trump signed an executive order aiming to bring independent federal agencies under his control, stretching executive power limits.
President Trump announced plans to shift federal student loans from the Education Dept. to the Small Business Administration.
Discover how Project 2025, a plan from The Heritage Foundation, aims to reshape the U.S. government with a focus on trade and tariffs.
Paul Dans, a key figure in Project 2025, reflects on his controversial exit and ongoing alignment with Trump, despite past tensions.
The Trump regime targets pro-worker policies, ending FMCS card check facilitation, hindering union formation efforts. Learn more about Project 2025.
Mark Zuckerberg ended Meta’s DEI programs, aligning with the Trump administration and sparking criticism from former Meta leaders.
Originally by at www.pbs.org WASHINGTON (AP) — In what he called the “most consequential day of deregulation in American history,” the head of the Environmental Protection
The Fulcrum explores Project 2025’s impact on labor, highlighting Elon Musk’s controversial role in cutting fraud while undermining agencies.
Rep. John Rose admitted Project 2025 helped Trump implement executive orders, contradicting Trump’s claim of no involvement with it.
In the wake of last year’s election, NOAA faces deep cuts and mass firings under the Trump administration, impacting weather forecasting and climate science.
President Trump’s early energy policy aligns with Project 2025’s call to cut federal regulations, but some key recommendations remain unaddressed.
Explore potential shifts in employee benefits under Trump 2.0 by examining Project 2025. Key changes may impact ACA, No Surprises Act, and more.
The Fulcrum explores the impact of Trump’s VA reforms, raising concerns over privatization, staffing cuts, and their effects on veteran care.
One month into his second term, Trump’s drastic government cutbacks disrupt federal cybersecurity efforts, as Musk’s tech team gains controversial access to agency data, sparking alarm among experts.
Elon Musk’s DOGE, backed by Trump, aims to cut federal fraud but seems driven by a partisan agenda, risking government efficiency and public safety.
President Trump signed an executive order aiming to bring independent federal agencies under his control, stretching executive power limits.