The Department of Education has announced new developments following the pause in student loan forgiveness under the Income-Based Repayment (IBR) plan. The department’s announcement confirms what some borrowers suspected: that those who reached the threshold for student loan forgiveness but did not receive a discharge have been affected. This is the first time the department has publicly acknowledged that student loan forgiveness under Income-Based Repayment (IBR) has been temporarily halted.

IBR calculates a borrower’s monthly payment based on their income and family size. Payments are recalculated every 12 months. Borrowers who do not fully pay off their student loans by the end of the repayment term, which is 25 years for those who took out loans before July 1, 2014, and 20 years for t

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