IBR and SAVE borrowers in trouble after suspension of Student Loan Forgiveness

If you’re relying on Income-Based Repayment (IBR) or the SAVE (Saving on a Valuable Education) plan to have your student loans forgiven, recent developments may be unsettling. A temporary suspension ... Read More

Millions could face taxes as student loan forgiveness exemption ends

The U.S. Department of Education faces a class-action lawsuit from the American Federation of Teachers (AFT) for allegedly obstructing or delaying student loan forgiveness. These delays exacerbate the ... Read More

Lawsuit aims to force Trump administration to stop delaying student loan forgiveness

The American Federation of Teachers is seeking a preliminary injunction that would force the department to resume student loan forgiveness. Read More

Is your student loan payment increasing? What to know about SAVE plan updates

Millions of student loan borrowers who were enrolled in a Biden-era repayment plan will soon see their monthly payments increase after the current administration restarted interest accrual Aug. 1. Read More

SAVE Borrowers Encouraged to Move to IBR Even Though Forgiveness Options Are Paused. Here's What's Going On

The Department of Education put IBR forgiveness on hold but says it's temporary. Here's when forgiveness could resume and what it means for you. Tiffany Connors Former Staff Editor Tiffany Wendeln ... Read More

With student loan forgiveness under IBR plan temporarily paused, what it means for millions of borrowers

One expert said the education department has to "own" and "fix" the problem. The Department of Education has temporarily paused discharges for Income Based Repayment (IBR) plan student loan borrowers ... Read More

How Biden's SAVE student loan repayment plan can lower your bill

CHICAGO -- While the Supreme Court struck down President Joe Biden's student loan forgiveness program in late June, a separate and significant change to the federal student loan system is moving ahead ... Read More

Will New Rules Impact Your Student Loan Forgiveness? These Borrowers Are Impacted By Trump Administration Changes

The Trump administration published proposed regulations this week that seek to limit which public service employees can have their student loans forgiven, one of several ways the Trump administration ... Read More

Student loan borrowers face new challenges trying to get Public Service Loan Forgiveness

A popular student loan forgiveness program, Public Service Loan Forgiveness, has always had its problems. But borrowers pursuing PSLF have faced some especially challenging changes of late that have ... Read More

Millions of student-loan borrowers have no idea how much they’re supposed to pay

Jeffrey Butcher has spent years planning his financial life around his student debt. He intentionally chose a job — teaching at a community college — that would qualify for Public Service Loan ... Read More