While loan forgiveness through the SAVE, PAYE, and ICR plans remains paused due to legal challenges, borrowers on the Income-Based Repayment (IBR) plan await system updates before forgiveness resumes.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Americans are carrying a lot of debt right now — and for many, the added financial pressure is pushing them toward a boiling point. Credit card balances are hovering near record highs, overdue medical ...

The Education Department has paused student loan forgiveness under the Income-Based Repayment (IBR) plan without a clear timeline of when it might resume. The department argues any IBR forbearances ...

The US Department of Education has halted the cancellation of student loans in Income-Based Repayment plans, prompting concern among borrowers that their loans will not be forgiven anytime soon. The ...

The Department of Education has temporarily paused student loan forgiveness under the Income-Based Repayment plan to comply with a court injunction. Some borrowers have finished the required payments ...

The Repayment Assistance Plan (RAP) is a key feature of the One Big Beautiful Bill Act (OBBBA), signed by President Donald Trump. This legislation aims to reform the federal student loan system, ...

A major overhaul of the Public Service Loan Forgiveness program redefines which employers are eligible. The proposed changes target organizations that support immigration, gender-affirming care and ...

Cara Kernodle doesn’t “hate” Bryan Kohberger, the man who took the life of her daughter, Xana, in November of 2022. Kohberger, like herself, was “still made in God’s image,” Kernodle said. She even ...

President Donald Trump's "big beautiful bill," which Congress passed earlier this month, has tax implications for people who receive student loan forgiveness. Here's what borrowers expecting the loan ...

Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness. In particular, those who are enrolled in a repayment plan ...

Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness. In particular, those who are enrolled in a repayment plan ...