Student Loans Forgiveness Restarted: 2 Million Borrowers Benefit
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最新报道：The Trump administration has resumed student loan forgiveness under the Income-Based Repayment plan as of October 2025, benefiting around 2 million borrowers who have made payments for 20-25 years. Emails are being sent to eligible individuals, with discharges expected within weeks, though some may take longer. Borrowers must opt out by October 21 to avoid forgiveness. The 2021 tax-free forgiveness provision expires on December 31, 2025, after which discharged amounts will be taxable. Meanwhile, the administration is phasing out existing repayment plans, leaving IBR as a key cancellation option, while lawsuits and backlogs persist for other forgiveness programs like Public Service Loan Forgiveness.
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