The IBR pause adds to a growing list of federal student loan system disruptions. More than 1.5 million income-driven repayment applications are stuck in a processing backlog, according to Forbes.

IBR is one of several income-driven repayment plans, with monthly payments that are generally equal to 15% of the borrower’s discretionary income, divided by 12. New borrowers on or after July 1 ...

Why it matters: IBR is the only current student loan forgiveness plan not subject to a legal challenge or court injunction, and Trump's signature "big, beautiful bill" significantly cut back on ...

Student loan forgiveness is paused for IBR borrowers because of court actions involving the Biden administration-era SAVE, or Saving on a Valuable Education, plan, the department said.

The difference is that IBR was created by Congress, and specifically authorizes the federal government to forgive student loans under its jurisdiction at the end of a 20 or 25-year repayment term.

The U.S. Department of Education has stopped student loan forgiveness for those on the Income-Based Repayment (IBR) plan, which has caused worries and confusions for many. The st ...

In a quiet but controversial move, the U.S. Department of Education has stopped student loan forgiveness under the Income-Based Repayment (IBR) plan. This affects many long-time bo ...

IBR, created by Congress, reduces monthly payments for borrowers with lower incomes. It also invokes a statute that authorizes student loan forgiveness of the balance at the end of a 20- or 25 ...

IBR, created by Congress, reduces monthly payments for borrowers with lower incomes. It also invokes a statute that authorizes student loan forgiveness of the balance at the end of a 20- or 25 ...