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Is Student Loan Forgiveness Processing Paused?
As student loan borrowers brace for the full impact of the OBBBA to take effect, questions are swirling about whether forgiveness has been completely suspended across the board. Some headlines suggest that no one is getting debt relief. The reality is more complicated.
Whether student loan forgiveness is processing or not depends on the loan forgiveness program you're waiting on.
The Public Service Loan Forgiveness program is still processing applications, even as a PSLF buyback backlog grows. The Income-Based Repayment plan, or IBR, is temporarily paused for "system updates", but not due to…
The skinny
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