The Department of Education has resumed a key student loan forgiveness program after originally suspending it since July. Borrowers who were working toward debt cancellation under the Income-Based ...
After June 30, 2026, Parent PLUS loan borrowers who do not consolidate will lose access to income-driven repayment plans.
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SAVE Borrowers Encouraged to Move to IBR Even Though Forgiveness Options Are Paused. Here's What's Going On
Millions of SAVE borrowers seeking forgiveness have been encouraged to move their loans to an Income-Based Repayment plan-- especially since their loans will start accruing interest in about a week.
Student-loan borrowers who met the payment threshold under income-based repayment plans are receiving forgiveness emails.
The Department of Education has quietly suspended student loan forgiveness under the Income-Based Repayment plan, leaving borrowers who have made payments for decades in limbo. The suspension affects ...
WASHINGTON, DC - JUNE 03: Education Secretary Linda McMahon testifies before the Senate Appropriations Committee's Labor, Health and Human Services, and Education Subcommittee. McMahon's Department of ...
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