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The Trump administration and the American Federation of Teachers reached an agreement to resume student loan forgiveness.

The agreement allows the Department of Education to restart debt cancellation for borrowers in income-driven repayment plans.

Eligible borrowers will be notified by email and can opt out of the forgiveness if they choose.

Student loan forgiveness could soon resume for millions of Americans due to an agreement between President Donald Trump's administration and the American Federation of Teachers .

In July, the Education Department suspended forgiveness for Income-Based Repayment plans to update its systems to accurately account for qualifying monthly payments. Now, things have changed.

On Oct. 17, the Trump administration and the American

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