2 Million Borrowers to Get Student-Loan Relief as Forgiveness Resumes

In a major policy shift, the U.S. Department of Education has resumed student-loan forgiveness, initiating relief for roughly 2 million borrowers enrolled in Income-Based Repayment (IBR) plans. This reactivation follows months of pause and uncertainty, and it brings renewed hope to eligible borrowers. Below, we break down the key developments, eligibility criteria, deadlines, and potential pitfalls relating to this renewed Student Loan Relief effort.