Back to today’s briefing

Story perspectives

Income-Driven Repayment Applications Paused, Burdening Millions

3/2/2025

42 4

Summary

Story summary

The U.S. Education Department has halted income-driven repayment applications for three months, impacting millions of borrowers. This pause comes after a federal court struck down the SAVE plan, designed to ease payments and accelerate loan forgiveness. As a result, borrowers are left with fewer options, intensifying their financial burdens.

1 of 1

Story summary

The U.S. Education Department has halted income-driven repayment applications for three months, impacting millions of borrowers. This pause comes after a federal court struck down the SAVE plan, designed to ease payments and accelerate loan forgiveness. As a result, borrowers are left with fewer options, intensifying their financial burdens.