Overview

• MOHELA said borrowers who submitted IBR, PAYE or ICR applications before April 27 without income documentation must reapply at StudentAid.gov and will have their old forms canceled.
• The Department of Education restored the IDR application portal at the end of March, but the May 15 status report shows more than 1.9 million submissions still awaiting review.
• A federal appeals court’s block of the SAVE plan last summer forced over eight million borrowers into administrative forbearance and halted progress toward loan forgiveness.
• Under a court-mandated interim agreement, the Education Department now provides monthly updates on servicers’ progress in clearing the IDR backlog.
• Lawmakers and borrower advocates, including Senator Elizabeth Warren, are pressing for clearer guidance as concerns grow over reapplication requirements and repayment options.