The Department of Education said it paused time-based student loan forgiveness under the Income-Based Repayment plan as it updates payment counts to reflect a court injunction from earlier this year.

Many student loan borrowers could see their monthly bills more than double now that the Biden-era Saving on a Valuable Education, or SAVE, plan is defunct.

Key Points ・Parent PLUS borrowers with loans issued after July 1, 2026 will lose access to income-driven repayment plans. ・Existing Parent PLUS borrowers must consolidate by June 30, 2026 to keep IDR and PSLF access.