What President Trump's Budget Would Mean for Student Loans

Published Mar 2, 2018. By Shen Lu.

There has been a lot of buzz around President Donald Trump's $4.4 trillion budget proposal outlining steep spending cuts to domestic programs, including the federal student loan program since it was unveiled Monday. . . . 

"The president's budget in general is just a proposal and messaging document," said Josh Gordon, policy director at The Concord Coalition, a national nonpartisan fiscal advocacy group. "And it doesn't have the force of law. It doesn't get voted on in its entirety." . . .

Gordon said this year is even less likely for Congress to act on any presidential proposal because before Trump unveiled his proposal, Congress passed a budget deal that raised spending caps over the course of the next two years.