Student Loan Forgiveness Is Changing In Just 84 Days, With Major Consequences Expected

Student loan forgiveness programs are about to undergo some of the most significant updates in decades, and some borrowers could be completely cut off from relief.

What's happening with student loan forgiveness? Here's the latest, including an extension of the payment pause

If forgiveness is implemented or the litigation is resolved, borrowers will have 60 days after that before their payments resume. If not, the pause will last until June 30, 2023, and borrowers will have 60 days after that before their payments restart.

Student loan update: Forgiveness process is "tedious," McMahon says

McMahon said her agency is working through thousands of pending cases tied to the PSLF buyback program.
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Student Loan Forgiveness Policy, State by State

Since 2005, student loan debt has increased by more than tenfold, growing from roughly $160 billion to over $1.7 trillion currently. During his term, President Biden forgave approximately $188 billion in student debt. There were plans for more loans to be ...

‘No Estimated Timeline’ For Student Loan Forgiveness Processing, Says Education Department

Thousands of borrowers are facing extremely long wait times for a critical student loan forgiveness program. And processing may not be getting any faster.

Will You Be Disqualified From Public Service Loan Forgiveness Thanks to 'Illegal' Activities?

A new Trump administration rule could push some public servants off the fast track to student loan forgiveness. Opponents are trying to block it.

Student Loans Will Look Different Starting This Summer. Here Are 5 Big Changes to Watch

Under current rules, borrowers can choose from multiple IDR plans — including the Saving on a Valuable Education (SAVE) plan, Pay as You Earn (PAYE) and Income-Based Repayment (IBR) — which calculate payments based on income and offer forgiveness after 20 to 25 years.