The U.S. Education Department released new data on student loan forgiveness, showing how many borrowers have received discharges under income-driven repayment (IDR) plans and Public Service Loan Forgiveness (PSLF). The update highlights concerns about the department's ability to clear a massive backlog, especially as millions of borrowers prepare to switch repayment plans after the SAVE plan ends. This report also covers the PSLF Buyback program and the ongoing federal court oversight following a legal challenge by the American Federation of Teachers.
Stay informed on the latest student loan updates, IDR, PSLF, and what this means for borrowers across the U.S.
Student loan forgiveness 2025, IDR plans, PSLF Buyback, Education Department update, SAVE plan ending, federal student loans, loan discharge, student loan backlog, teacher loan forgiveness, income-driven repayment