Tag Archives: discontinued

Trump team suspends Student Loan Forgiveness under IBR: What is it, and why has it been discontinued

Trump team suspends Student Loan Forgiveness under IBR: What is it, and why has it been discontinued

The Department of Education has paused student loan forgiveness under the Income-Based Repayment (IBR) plan. While IBR is one of several income-driven repayment options available to borrowers, it is currently the only one not facing any legal disputes or court-ordered blocks. “Currently, IBR forgiveness is paused while our systems are updated,” announced the department in updated guidance on pending court …

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