The Education Department announced a long-delayed expansion of a key repayment plan for student loans this week, paving the ...
Major new updates announced by the Education Department this month could impact millions of Americans with federal student ...
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Trump issues 'key update' giving student loan borrowers cheaper payments
The Department of Education announced that it has removed the requirement of being in partial financial hardship to enroll in ...
There are an estimated 2 million borrowers who are currently enrolled in IBR. Many of them are approaching forgiveness but face delays and may still be required to make monthly payments even if they ...
The US Department of Education has halted the cancellation of student loans in Income-Based Repayment plans, prompting concern among borrowers that their loans will not be forgiven anytime soon. The ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Photo by Stefani Reynolds / ...
The IBR forgiveness pause leaves some borrowers at risk of a tax bill if it extends into 2026. Borrowers who filled out their IDR application before March 2025 may need to reapply. The public has ...
Trump paused student-loan forgiveness for nearly 2 million borrowers on income-based repayment plans
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Student-loan borrowers with higher incomes are now eligible for cheaper payments and debt relief
Trump's Department of Education completed its update to income-based repayment plans, expanding access to borrowers with higher incomes.
If you're one of the millions of student loan borrowers relying on the Income-Based Repayment (IBR) plan for forgiveness, we’ve got some frustrating news. The Department of Education (DOE) has ...
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.
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