As 2025 wrapped up, the student loan forgiveness landscape saw some shifts. The Department of Education restarted several programs that had been on hold. Before leaving office, former President Joe Biden's administration had already greenlit billions in loan forgiveness. This relief came through var
The SAVE plan, which was designed to ease the financial burden on millions of federal student loan borrowers, has been discontinued. This means that those who were benefiting from this income-driven repayment plan will soon face higher monthly payments. The pause on payments is expected to last unti
The student loan landscape has become a maze of uncertainty. Borrowers are facing a mix of resumed collections, legal hurdles, and departmental changes. The U. S. Education Department has restarted involuntary collections on defaulted loans, affecting about 5. 3 million people. This means some borro
The Education Department has reopened the online gateway for income-driven repayment plans for student loans. This move comes after a court decision in February that temporarily halted the Biden administration's Saving on a Valuable Education Plan and parts of other income-driven repayment plans. Th
The recent changes to student loan policies have left many borrowers in a tough spot. Nearly 43 million Americans with federal student loan debt are now facing a significant increase in their monthly payments. This change comes as a result of the Trump administration's overhaul of the education sys
The U. S. Department of Education has pulled the plug on online applications for income-driven repayment (IDR) plans. This means borrowers can't sign up, renew, or tweak their repayment terms through the federal website. This change comes after a federal court order that stopped key parts of the IDR
