As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.

As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, an end to student loan repayment plans and a big hike in taxes on university endowments.

As House Republicans look for ways to cut spending to fund President Donald Trump's tax cuts, they've floated plans that may raise student loan bills for millions. The average new borrower could pay nearly $200 a month more if the GOP plans succeed,

WASHINGTON (AP) — House Republicans are working overtime after a lengthy White House meeting to meet President Donald Trump’s demand for a big budget package that includes some $3 trillion in tax breaks, massive program cuts and a possible extension of the nation’s debt limit.