Browsing: Borrowers
The Department of Education processed more IDR applications in March than any month since court-ordered tracking began, cutting the pending…
Key PointsA court filing shows 576,609 borrowers remain stuck in a repayment plan processing backlog, down from 1.4 million in…
Exterior view of the United States Court of Appeals, Ninth Circuit Key PointsThe Ninth Circuit Court of Appeals heard arguments…
Key PointsA group of student loan borrowers filed a motion today asking a federal court to reverse its March 10…
Key PointsFour borrowers filed suit Monday demanding the Education Department immediately cancel eligible student loans and reopen the SAVE plan,…
Key PointsA coalition of Republican-led states has asked a federal court to pause its recent dismissal of the lawsuit challenging…
Key PointsBorrowers enrolled in the SAVE plan administrative forbearance are receiving notices that their account balances were adjusted after interest…
If the Treasury yield curve continues to steepen this year, it would make it harder for long-term borrowers to feel…
Key PointsIncome-Contingent Repayment (ICR) and Pay As You Earn (PAYE) officially end on June 30, 2028, with enrollment expected to…
Key PointsBorrowers with federal loans issued after July 1, 2026, will choose between the new Standard Plan or a new…