The Department of Education has temporarily suspended forgiveness under the Income-Based Repayment (IBR) program, affecting thousands of borrowers who may have reached their 20 or 25-year forgiveness thresholds. The department cites system updates related to court injunctions as the reason for the pause, despite IBR not being directly blocked by courts. Borrowers who expected loan cancellation now face continued payments and uncertainty about when relief will resume. What Is IBR and How Does Forgiveness Work? Income-Based Repayment (IBR) is a federal student loan repayment plan established by Congress that calculates monthly payments based on income and family size. After making … Continue reading Department of Education Halts IBR Student Loan Forgiveness: 1.5 Million Applications in Limbo