The Public Service Loan Forgiveness program faces an 8,000‑case buyback backlog as major rule changes take effect on July 1, 2026, narrowing employer eligibility and reshaping repayment options.

Thousands of borrowers are facing extremely long wait times for a critical student loan forgiveness program. And processing ...

The Education Department released new data indicating that more than 643,000 student loan borrowers remain stuck in backlogs for repayment plans and loan forgiveness.

Teachers, nurses, and government workers who spent years counting on a specific debt relief program just had the math change on them. Quietly, and without much warning. The Education Department ...

Thousands of public service student loan borrowers have been waiting to receive their forgiveness. And while they waited, the ...

Education Secretary Linda McMahon faced sharp questioning from senators on student loan repayment, FAFSA fraud prevention, and proposed cuts across the Department of Education during a Senate ...

Borrowers can also pursue forgiveness through income-driven repayment plans. Since these plans lower monthly payments based on a borrower's income, there is no set repayment period. After a borrower ...

The change affects borrowers using the Public Service Loan Forgiveness (PSLF) buyback program.

The Department of Education is changing its PSLF buyback formula following the elimination of the SAVE plan. Student-loan borrowers seeking a buyback will not be able to use their lower payments on ...