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Income-driven repayment plans

More than 800,000 people are getting student loans forgiven

by Samantha Fields
Sep 5, 2023
It's part of a one-time fix by the Biden administration to the income-driven repayment program for federal student loans.
Last spring, the Biden administration announced a one-time fix to rectify what the education secretary called “years of administrative failures” with the income-driven repayment program.
Brandon Bell/Getty Images
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Biden student loan plan would let borrowers pay less, get forgiveness faster

by Stephanie Hughes
Jan 10, 2023
People who borrowed less than $12,000 for undergrad schooling could have debt forgiven after making regular payments for a decade.
Under the regulations, people who borrowed less than $12,000 for their undergraduate education could receive debt forgiveness after making regular payments for a decade.
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