The Trump administration's overhaul of the federal student loan system may leave borrowers without an affordable option to repay their loans, advocates say.

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.

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.