IBR Forgiveness Freeze: Myth vs Reality

Quick Answer: The Education Department has paused all IBR loan forgiveness indefinitely due to court injunctions related to the SAVE plan, leaving borrowers who reached their 20-25 year repayment milestones in limbo. Affected borrowers will eventually receive refunds for overpayments made past their eligibility dates, but no timeline has been provided.Let’s not sugarcoat it: If …

Read more