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Department of Education Announces Borrowers Can Now Apply for Additional Income-Driven Repayment Plans
December 18, 2024
WASHINGTON, Dec. 18 -- The U.S. Department of Education issued the following news release:

The (Department) today announced the reopening of two student loan repayment plans to give borrowers more options to keep their payments low. The Pay As You Earn (PAYE) Repayment and Income-Contingent Repayment (ICR) plans offer credit for Public Service Loan Forgiveness (PSLF) and income-driven repayment (IDR) to eligible borrowers enrolled in the currently enjoined Saving on a Valuable Educ . . .

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