Trump Team Suspends Student Loan Forgiveness Programs Amid Growing Backlog
TL;DR Summary
The Department of Education has temporarily suspended student loan forgiveness under the Income-Based Repayment (IBR) plan due to system updates related to court challenges, with forgiveness expected to resume once updates are completed. The IBR plan, which adjusts payments based on income and family size, is currently the only income-driven repayment option not facing legal disputes.
- Trump team suspends Student Loan Forgiveness under IBR: What is it, and why has it been discontinued Mint
- Department Of Education Suspends Student Loan Forgiveness Under IBR Forbes
- What is student loan forgiveness under IBR? What other plans have been paused Hindustan Times
- IDR And PSLF Backlog Grows: Millions Waiting In Student Loan Limbo The College Investor
- Student loan forgiveness IBR: Why relief is delayed, and what you can do now The Economic Times
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