Trump, student-loan and IBR forgiveness
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As the Trump administration and Congress narrow options for student loan repayment and forgiveness, companies from Nvidia to Estee Lauder offer a debt lifeline.
Forgiveness on IBR plans has been paused. Expect delays, but forgiveness will resume eventually, says this expert.
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Explícame on MSN2 Million Affected by President Trump's Student Loan Reform: What You Need to KnowIn the United States, approximately 2 million borrowers enrolled in the Income-Based Repayment (IBR) plan face uncertainty due to a suspension of loan forgiveness.
Starting next summer, graduate borrowers can only take out direct loans that have a lower borrowing cap. These are the new limits for graduate school borrowing: For graduate students: up to $20,500 per year; $100,000 total. For professional and medical students: up to $50,000 per year; $200,000 total.