More student-loan borrowers could soon become eligible for lower payments and debt relief
Donald Trump
A barrier to enrollment for a key student-loan repayment plan could soon be gone. The Department of Education said in updated guidance posted to Federal Student Aid's website that it's moving forward with implementing some student-loan repayment provisions in President Donald Trump's "big beautiful" spending legislation. The latest update pertains to the eligibility requirements for income-based repayment plans. Prior to Trump's spending legislation, IBR plans, which give borrowers monthly
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