Department of Education Pauses Student Loan Forgiveness Under IBR Plan Amid Concerns
The Department of Education has announced a pause on certain student loan forgiveness programs, particularly impacting borrowers enrolled in income-based repayment (IBR) plans. This decision, made by the Trump administration, has left millions of borrowers questioning the future of their loan forgiveness options. While there has been no detailed explanation for this suspension, it has raised fiscal concerns and questions about what this means for those relying on forgiveness programs. As updates continue to emerge, borrowers are urged to stay informed about the implications of this pause on their repayment plans and potential outcomes for their loans.
CNN, AP News, The Washington Post, Axios, The Hill, Forbes, Investopedia, Newsweek, the-independent.com, 10TV