Education Dept. Reaches Settlement on Student Loan Forgiveness for Income-Driven Repayment Plans

The Trump administration will continue processing applications that allow the cancellation of student debt under eligible plans.
Education Dept. Reaches Settlement on Student Loan Forgiveness for Income-Driven Repayment Plans
People walk on the University of Southern California campus in Los Angeles on March 21, 2024. Mario Tama/Getty Images
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Relief has come for hundreds of thousands of people with federal student loans who are eligible but have not been able to apply for loan forgiveness. This is due to the Trump administration’s challenge to the Biden administration’s wider loan forgiveness program.

The relief comes after a court settlement was reached for those on certain Income-Driven Repayment (IDR) plans.

Melanie Sun
Melanie Sun
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Melanie is a reporter and editor covering world news. She has a background in environmental research.
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