The Trump administration is gearing up for large changes to the Department of Education, which oversees a $1.6 trillion portfolio of student loans.

You likely won't have to repay debt relief you already received, but time is running out if you're still in line for forgiveness.

Borrowers who have already received forgiveness may be on edge asking if the Trump administration will claw back forgiven student loans and force borrowers to repay debt.

President Donald Trump has reportedly set his sights on eliminating the U.S. Department of Education, a long-time Republican goal and promise from his campaign. The proposed plan, though, gives rise to a host of unanswered questions—not least of which is what happens to the 42-plus million Americans with federal student loan debt.

Republicans are looking to cut or eliminate nearly a dozen student loan and federal aid programs administered by the Department of Education. Here are the details.

The Trump administration's approach to the Department of Education may have significant implications for student loan borrowers. With potential reductions in the department's scope, millions of borrowers could be affected,