The so-called One Big Beautiful Bill and the Trump administration’s executive action are making the future of student loan forgiveness and its tax consequences uncertain.

The Department of Education is encouraging SAVE borrowers to move to the IBR plan, but you should review all your options first.

Here’s a look at how President Trump and the Education Department are looking to reshape the Public Service Loan Forgiveness program, which cancels student debt for some employees after 10 years.