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.

"Eliminating Grad PLUS or restricting aggregate lending will disadvantage the more than 40% of all medical students who use the programs because they may no longer be able to afford medical school if required to borrow from the private loan market," the groups stated in their letters.