Close Menu
iM.NewsiM.News

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Trump says he does not think Ukraine can win war against Russia, but adds ‘anything is possible’

    October 21, 2025

    Microsoft Stock Joins Exclusive $4 Trillion Club After Blockbuster Cloud + AI Earnings

    July 31, 2025

    Danville Councilman Set on Fire in His Own Workplace

    July 31, 2025
    Facebook X (Twitter) Instagram
    iM.NewsiM.News
    Subscribe
    • Home
    • Lifestyle

      Celsius Recall: Vodka Seltzer Cans Misbranded as Energy Drinks

      July 31, 2025

      Bruce Willis’ Illness Made Him Unable To Speak, Read, or Walk

      July 22, 2025

      FDA Recalls Over 67,000 Cases of Power Stick Deodorant

      July 20, 2025

      Trump says Coca-Cola Will Swap From Corn Syrup To Cane Sugar

      July 17, 2025

      Federal Judge Reverses Medical Debt Rule From Biden Era

      July 15, 2025
    • Relations

      Kim Jong Un’s Sister Rejects Diplomacy From South Korea’s New President

      July 28, 2025

      Thailand–Cambodia Border Conflict Escalates Today With Airstrikes and Civilian Casualties

      July 24, 2025

      Trump Faces Revolt Over Epstein Files as Administration Pushes Back

      July 13, 2025

      ICE Raid at MacArthur Park Sparks Backlash in L.A.

      July 8, 2025

      DOJ & FBI Find No Epstein Client List, Suicide Confirmed

      July 7, 2025
    • Technology

      Microsoft Stock Joins Exclusive $4 Trillion Club After Blockbuster Cloud + AI Earnings

      July 31, 2025

      Tea App Hacked Exposes 72,000 Images Following 4chan Leak

      July 26, 2025

      Battlefield 6 Official Reveal Trailer Unveiled — Open Beta & Release Date Rumors

      July 25, 2025

      Cash App Settlement Referral Lawsuit: Are You Eligible?

      July 21, 2025

      Horrific MRI Accident Claims Life of Long Island Man

      July 20, 2025
    • Travel & Tourism

      Massive Russian Earthquake Triggers Tsunami Warning for California’s North Coast

      July 30, 2025

      Alaska Airlines Grounded Nationwide Due To IT Outage

      July 21, 2025

      Fire Destroyed Tomorrowland Main Stage Days Before Opening

      July 17, 2025

      Catastrophic New Jersey Flash Flooding Strikes Following Historic Storm

      July 15, 2025

      Historic Grand Canyon Lodge Destroyed by Dragon Bravo Wildfire

      July 14, 2025
    • Get in Touch
    iM.NewsiM.News
    Home»News Focus»Student Loan Forgiveness Under IBR Suspended By Department of Education
    News Focus

    Student Loan Forgiveness Under IBR Suspended By Department of Education

    Zayne PhamBy Zayne PhamJuly 22, 2025No Comments4 Mins Read6 Views
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Department of Education Annouced Suspendsion of Student Loan Forgiveness Under IBR.
    Department of Education Annouced Suspendsion of Student Loan Forgiveness Under IBR.
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    On July 21, 2025, the U.S. Department of Education announced a temporary suspension of student loan forgiveness under the Income-Based Repayment (IBR) program. This pause affects borrowers awaiting debt discharge after completing repayment terms under IBR, pending major system updates needed to align with recent policy changes.


    What Is Student Loan Forgiveness IBR?

    Income-Based Repayment (IBR) is a long-standing federal income-driven repayment (IDR) plan. Under IBR, monthly payments are capped at:

    • 10% of discretionary income for borrowers who took out loans on or after July 1, 2014 (also known as “new IBR”)

    • 15% for borrowers with loans before that date (“old IBR”)

    Discretionary income is defined as income above 150% of the federal poverty level for family size. After 20 years (new IBR) or 25 years (old IBR) of qualifying payments, any remaining balance is forgiven—though borrowers may owe taxes on that amount.

    IBR was the first IDR program cemented by Congress and remains the only one that hasn’t faced legal challenges to its forgiveness feature—unlike SAVE, PAYE, or ICR, which are currently blocked or under injunction.


    Why the Suspension?

    Officials explained that the pause is necessary to implement system upgrades ensuring accuracy in tracking borrower payment eligibility, especially in light of injunctions blocking other IDR plans (e.g. SAVE). The pause allows the department’s systems to correctly count qualifying months, avoiding errors that could affect forgiveness eligibility.

    While delayed, the DOE reassured borrowers that IBR forgiveness is still on track—the pause is logistical, not policy-driven—and forgiveness will resume once updates are complete.

    Borrowers nearing the end of their IBR term may face delays in discharge notices and financial planning for the forgiven debt. The pause also affects account balances expected to be wiped following forgiveness.

    Borrowers are advised to:

    • Continue making payments. Any extra paid will be refunded after forgiveness is applied.

    • Consider forbearance, if facing hardship—though interest will continue to accrue.

    • Stay informed by checking updates from Federal Student Aid and their loan servicer regarding forgiveness processing status.

    Counters on the Horizon

    Under the recently passed “One Big Beautiful Bill”, IBR is adjusting for a larger pool of borrowers:

    • Eliminating the former partial financial hardship requirement, allowing more borrowers to qualify.

    • Codifying 10% payments over 20 years for new IBR borrowers (July 1, 2014–July 1, 2026).

    • Expanding IBR access to Parent PLUS borrowers who consolidate before July 1, 2026.

    Additionally, from July 2026, a new income-driven plan—Repayment Assistance Plan (RAP)—will take effect, though IBR will coexist until at least July 2028.


    IBR vs. Other IDR Plans

    Plan Payment Timing Monthly Cap Forgiveness Period Legal Status
    IBR 15% (old), 10% (new) 150% poverty level 20–25 years Active; paused only for updates
    PAYE/REPAYE/SAVE/ICR Varies 10–20% 20–25 years Legally blocked or paused

    IBR’s robustness and durability make it a trusted path to loan relief—when systems are functional.


    What Borrowers Should Do Now

      • Continue Making Payments: Continue making regular payments to maintain your account in good standing.

      • Request Temporary Forbearance: If experiencing financial hardship, consider requesting a temporary forbearance. Be aware that interest will continue to accrue during this period.

      • Monitor Official Announcements: Stay informed by regularly checking updates from the Department of Education regarding the status of the IBR forgiveness program.

      • Contact Loan Servicer: Reach out to your loan servicer for personalized guidance and to discuss any concerns or questions you may have.

    While the pause in processing student loan forgiveness under IBR is frustrating for many, it reflects necessary technical maintenance—not a policy rollback. With IBR remaining the only IDR plan unaffected by legal battles, it continues to offer a legitimate path to forgiveness. Borrowers should remain proactive: continue payments, monitor for updates, recertify income, and plan for their financial future once forgiveness resumes.

    Department of Education U.S.
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticlePredator: Badlands – First Look at Alien vs. Predator Universe Reboot
    Next Article Bruce Willis’ Illness Made Him Unable To Speak, Read, or Walk
    Zayne Pham

    Related Posts

    Trump says he does not think Ukraine can win war against Russia, but adds ‘anything is possible’

    October 21, 2025

    Microsoft Stock Joins Exclusive $4 Trillion Club After Blockbuster Cloud + AI Earnings

    July 31, 2025

    Danville Councilman Set on Fire in His Own Workplace

    July 31, 2025
    Leave A Reply Cancel Reply

    Latest Posts

    Trump says he does not think Ukraine can win war against Russia, but adds ‘anything is possible’

    October 21, 202512 Views

    Microsoft Stock Joins Exclusive $4 Trillion Club After Blockbuster Cloud + AI Earnings

    July 31, 202542 Views

    Danville Councilman Set on Fire in His Own Workplace

    July 31, 202511 Views

    Celsius Recall: Vodka Seltzer Cans Misbranded as Energy Drinks

    July 31, 20258 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Guillermo del Toro’s ‘Frankenstein’ (2025) on Netflix: First Trailer and Cast

    June 1, 2025 Trending Now 43 Views

    Netflix’s Frankenstein (2025) by Guillermo del Toro features Oscar Isaac and Jacob Elordi in a haunting reimagining of the classic tale.

    Microsoft Stock Joins Exclusive $4 Trillion Club After Blockbuster Cloud + AI Earnings

    July 31, 2025

    Massive Aurora Borealis Storm in the U.S. Tonight—Here’s When and Where to See It

    June 1, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    We provide the daily life news. You find latest trendy news at our portal, from entertainment to economy or politics.

    We're accepting new partnerships right now.

    Email Us: info@im.news

    Facebook X (Twitter) RSS
    Our Picks

    Trump says he does not think Ukraine can win war against Russia, but adds ‘anything is possible’

    October 21, 2025

    Microsoft Stock Joins Exclusive $4 Trillion Club After Blockbuster Cloud + AI Earnings

    July 31, 2025

    Danville Councilman Set on Fire in His Own Workplace

    July 31, 2025
    Most Popular

    Guillermo del Toro’s ‘Frankenstein’ (2025) on Netflix: First Trailer and Cast

    June 1, 202543 Views

    Microsoft Stock Joins Exclusive $4 Trillion Club After Blockbuster Cloud + AI Earnings

    July 31, 202542 Views

    Massive Aurora Borealis Storm in the U.S. Tonight—Here’s When and Where to See It

    June 1, 202534 Views
    © 2025 I'm News. Designed by I'm News.
    • Home
    • Lifestyle
    • Relations
    • Travel & Tourism
    • Technology

    Type above and press Enter to search. Press Esc to cancel.