Student loan borrowers can’t access repayment plans under Trump: Here’s why the backlog keeps growing
Over 1 million US student loan borrowers face long delays accessing income-driven repayment plans due to a Trump-era backlog and the ongoing government shutdown. The Education Department has halted processing, leaving borrowers unable to switch plans and facing rising interest charges. Experts advise saving funds and maintaining application records while waiting. Progress towards loan forgiveness programmes like PSLF is also stalled, extending financial uncertainty for millions of affected borrowers.
Over 1 million US student loan borrowers face long delays accessing income-driven repayment plans due to a Trump-era backlog and the ongoing government shutdown. The Education Department has halted processing, leaving borrowers unable to switch plans and facing rising interest charges. Experts advise saving funds and maintaining application records while waiting. Progress towards loan forgiveness programmes like PSLF is also stalled, extending financial uncertainty for millions of affected borrowers.
