A popular student loan forgiveness plan was just paused
Digest more
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 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.