The Education Department has instructed student loan servicers to stop accepting student loan forgiveness applications for 3 months.

The Education Department has pulled down all applications for borrowers seeking to enroll in income-driven repayment programs. Here’s what to know.

A memo obtained by The Washington Post shows borrowers could be locked out of all affordable repayment plan options for at least three more months.

Student loan borrowers nationwide are waking up to a harsh new reality: their credit scores are nosediving, sometimes by as much as 200 points.

If you have federal student loans and you’re enrolled in an income-driven repayment plan, there are changes you need to know about now.

After a federal court upheld a pause on the SAVE plan, the Education Department removed other income-driven repayment applications from its website.

The Education Department says it has temporarily taken down access to applications for income-driven repayment (IDR) student loan plans in response to a court order. “A federal Circuit Court of Appeals issued an injunction preventing the U.

Key Points ・The Department of Education has halted all income-driven repayment (IDR) plan applications, including online and paper submissions, following a court order. ・Borrowers who missed their IDR recertification deadline may be moved into the standard repayment plan,