Processing

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…

Key Points The Department of Education significantly increased its processing of Income-Driven Repayment (IDR) applications in May 2025, with nearly 286,000 applications processed. Public Service Loan Forgiveness (PSLF) buyback processing…

Key Points The Department of Education has resumed processing IDR applications, but only for some borrowers. The SAVE plan is now absent from the application, following the 8th Circuit injunction.…

Oxford-based Lumai, an AI accelerator startup using optics to address global computational challenges, today announced that it has secured more than €9.2 million to help AI data centres reduce costs…

Key Points The Department of Education will reopen IDR applications starting March 26, but processing remains paused. The shift comes amid a lawsuit from AFT and SBPC demanding access to…

Key Points Borrowers are currently unable to re-certify their income for existing repayment plans, causing payments to spike to Standard 10-Year Repayment Plan amounts. Forbearance may be available, but it…