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The Education Department reopened the application for all income-driven repayment (IDR) plans on Mar. 26, after a month-long suspension that blocked federal student loan borrowers from enrolling ...
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 department is dealing with a backlog of income-driven repayment plan applications preventing current federal student loan borrowers from enrolling in affordable payment plans.
The vast majority of applications for a student loan forgiveness program are still being rejected, even after Congress set aside $700 million to temporarily expand it, according to a federal report.
The US Department of Education has halted the cancellation of student loans in Income-Based Repayment plans, and interest will start accruing on August 1 for millions of borrowers in SAVE plans.
A key office in the Department of Education responsible for fielding grievances about student loans has a growing backlog of complaints after losing nearly two-thirds of its staff.
A major student loan servicer said that borrowers may reapply for an income-driven repayment (IDR) plan amid a deep backlog of applications. Why It Matters The Education Department said there were ...
(CNN) — 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 ...
Education Department has a backlog of 27,000 complaints about student loans The department disclosed the pileup of complaints — an increase of about 11,000 since March — in a recent letter to ...