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327,000 Repayment Applications Denied Amid Upcoming Changes

12/26/2025

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Story summary
  • The U.S. Department of Education denied more than 327,000 applications for income-driven repayment plans in August.
  • As of November, 802,730 applications remained pending.
  • The department discharged loans for only 170 borrowers in November.
  • Starting July 2026, the Education Department will implement significant repayment changes, including new repayment plans and potential tax implications for borrowers, with no comment issued on the situation.
  • Many borrowers express anxiety about these upcoming changes.