Federal student loan borrowers can stay on IBR, even as other income-driven plans go away in 2028. Before choosing IBR, compare it with the newest repayment plan called RAP. Many, or all, of the ...

The U.S. Department of Education has unexpectedly paused a student loan forgiveness program used by about 2 million borrowers with little explanation and no details about when it may resume, according ...

The US Department of Education has halted the cancellation of student loans in Income-Based Repayment plans, prompting concern among borrowers that their loans will not be forgiven anytime soon. The ...

The Department of Education announced its suspended student loan forgiveness under the Income Based Repayment plan to update agency systems. IBR offers affordable options for borrowers to pay back ...

Millions of SAVE borrowers seeking forgiveness have been encouraged to move their loans to an Income-Based Repayment plan-- especially since their loans will start accruing interest in about a week.

・Borrowers with federal loans issued after July 1, 2026, will choose between the new Standard Plan or a new income-based option called the Repayment Assistance Plan (RAP). ・Existing borrowers must ...

If you're one of the millions of student loan borrowers relying on the Income-Based Repayment (IBR) plan for forgiveness, we’ve got some frustrating news. The Department of Education (DOE) has ...

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Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. blackCAT / Getty Images The 'Big, ...