Education Department pauses student loan forgiveness under IBR plan

The Education Department has paused pupil indebtedness forgiveness nether the Income-Based Repayment (IBR) program without a wide timeline of erstwhile it mightiness resume. The section argues immoderate IBR forbearances were impacted by ongoing tribunal action. “The Department has temporarily paused discharges for IBR borrowers successful bid to comply with ongoing tribunal injunctions regarding the Biden…