IBR plans are designed to keep monthly payments affordable by tying them to a borrower's income, with the potential for loan ...

Key Points ・There's a myth that student loan forgiveness is "instant" or that people can receive it for doing nothing. ・The truth is that most student loan forgiveness programs require years of ...

The Department of Education has quietly resumed student loan forgiveness for some borrowers under a program that has been ...

Borrowers under the Income-Based Repayment (IBR) plan are now receiving notices that they still qualify for relief.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

At 12:01 a.m. EST, the United States Government officially shut down, leaving millions of Americans wondering what happens ...

Student-loan borrowers who met the payment threshold under income-based repayment plans are receiving forgiveness emails.

The U.S. Department of Education has temporarily paused debt forgiveness under a popular repayment plan for student loan borrowers. In an FAQ on Studentaid.org, the department states that loan ...

The clock is ticking for student-loan borrowers to get debt cancellation before the relief is taxable again in January.

A sign is displayed outside of the Lyndon Baines Johnson Department of Education building in Washington, D.C., on May 18, 2025. A sign is displayed outside of the Lyndon Baines Johnson Department of ...

President Donald Trump's "big beautiful bill," which Congress passed earlier this month, has tax implications for people who receive student loan forgiveness. Here's what borrowers expecting the loan ...