The American Federation of Teachers (AFT) is pushing to certify its lawsuit against the Department of Education as a nationwide class action, potentially covering more than a million borrowers. The…
Forgiveness
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President Trump generally does not support student loan forgiveness and would likely seek an end to some student loan forgiveness programs. But can the President reverse student loan forgiveness that…
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Borrowers close to Public Service Loan Forgiveness (PSLF) are weighing whether to wait for the buyback program or resume active payments under income-driven repayment (IDR). PSLF buyback can recover missed…
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The Department of Education has paused processing some types of student loan forgiveness. PSLF is still processing, while IBR-related forgiveness is currently paused due to “system updates” SAVE, PAYE, and…
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The proposed regulatory text from the Education Department would ban certain employers from being eligible for Public Service Loan Forgiveness.
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Key Points The 8th Circuit Court has blocked the Department of Education from forgiving student loans under the ICR and PAYE plans, citing lack of legal authority. The ruling centers…
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While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan forgiveness. Even though some popular programs like Public Service Loan Forgiveness (PSLF)…