Student Loan Forgiveness Suspension: Trump Administration Ends IBR Program, Citing Discontinuation
The Trump administration has suspended student loan forgiveness under the Income-Based Repayment (IBR) plan. This decision has caught many borrowers off guard. For years, the IBR plan helped people repay their federal student loans based on what they could afford. It offered lower monthly payments and the hope of loan forgiveness after 20 or 25 years.
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