The Brief

The Department of Education announced its suspended student loan forgiveness under the Income Based Repayment plan to update agency systems.

IBR offers affordable options for borrowers to pay back their loans related to their income.

Student loan borrowers seeking assistance with their loans can explore options to postpone their payments.

The Department of Education is suspending student loan forgiveness under the Income-Based Repayment plan (IBR), which offers an affordable option for borrowers to repay their loans.

Why is loan forgiveness under IBR being suspended?

Why you should care:

Forbes reported that the Department of Education offered a cryptic explanation for the postponement of student loan forgiveness under the Income-Based Repayment (IBR), implying t

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