Trump administration has paused student loan forgiveness under IBR. –
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About 2 million borrowers are left uncertain about debt relief. –
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System updates and lawsuits are causing processing delays. –
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Department says forgiveness will resume after updates finish. –
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Borrowers at 20-25 year mark now can't discharge their loans. –
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Forbearance is an option, but interest keeps accruing during it. –
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“One Big Beautiful Bill” replaces existing plans with new RAP. –“One Big Beautiful Bill” replaces existing plans with new RAP.
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No timeline yet from the Department on when IBR forgiveness resumes. –
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