Repayment

The final rule caps annual graduate borrowing at $20,500 and professional-student borrowing at $50,000, while also capping Parent PLUS loans for the first time at $20,000 per year and $65,000…

Millions of federal student loan borrowers are facing a deadline that will reshape their monthly payments for years to come. With the SAVE plan struck down in court and forbearance…

Key Points A new proposed reconciliation bill would overhaul federal student loans by setting stricter borrowing limits, ending Parent PLUS Loans, and creating new repayment rules for loans after July…

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 The Department of Education has halted all income-driven repayment (IDR) plan applications, including online and paper submissions, following a court order. Borrowers who missed their IDR recertification deadline…

Key Points The Department of Education removed the PDF version of the Income-Driven Repayment (IDR) Request form from StudentAid.gov on February 25, 2025. This follows a court ruling that blocked…