Student Loan Forgiveness Is Back – 2 Million Borrowers Get Relief as Trump Overhauls Repayment
Forgiveness Finally Arrives for Long-Term Borrowers After months of suspense, thousands of Americans are now seeing decades-old student loans wiped clean. The Education Department’s quiet move to resume IBR loan forgiveness in the first week of October has been met with relief – and tears of joy – from borrowers who’ve made 20 or 25 years of payments. Many received what the community calls the “golden email,” with the message: “You are now eligible to have some or all of your federal student loan(s) discharged because you have reached the necessary number of payments under your Income-Based Repayment Plan.” btimesonline.com