Renee Fleck has spent more than six years covering personal finance and is an expert on student loans and refinancing. Fox Money is a personal finance hub featuring content generated by Credible ...

Millions of SAVE borrowers seeking forgiveness have been encouraged to move their loans to an Income-Based Repayment plan-- especially since their loans will start accruing interest in about a week.

Major new updates announced by the Education Department this month could impact millions of Americans with federal student ...

The U.S. Department of Education (ED) has temporarily suspended student loan forgiveness under the Income-Based Repayment (IBR) plan. This decision stems from the need to update systems to accurately ...

The Department of Education announced its suspended student loan forgiveness under the Income Based Repayment plan to update agency systems. IBR offers affordable options for borrowers to pay back ...

Student loan forgiveness is on hold for borrowers enrolled in the Income-Based Repayment plan while the Education Department responds to court orders. IBR will soon be one of only a few repayment ...

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate ...

Income-Based Repayment, or IBR, is a repayment plan that bases the loan payments on a percentage of the borrower’s discretionary income, as opposed to the amount owed. IBR first became available in ...

The Department of Education, currently headed by WWE co-founder Linda McMahon, ordered the plan to be paused on Monday. “Currently, IBR forgiveness is paused while our systems are updated,” the ...

The U.S. Department of Education has temporarily paused debt forgiveness under a popular repayment plan for student loan borrowers. Congress created the first IDR plans in the 1990s to make student ...