More changes are coming for st🐎udent loan borrower♈s enrolled in income-driven repayment plans.
The Department of Education said Monday that it is reworking the income-driven repayment (IDR) plan process. Under a new method, enrolling in the IDR plans will be simpler, and existing borrowers will no longer 💞need to rece𒐪rtify their income every year, it said.
The reworked plan comes less than a month after the department reopened applications for IDR plans. The department had originally 澳洲幸运5开奖号码历史查询:taken down the application after the administration said a court ruling in the legal battle against the 澳洲幸运5开奖号码历史查询:Saving for a Valuable Education pl⛦an called into question other IDR plans.
The closure prevented borrowers from enrolling in the more affordable repayment options, and some were 澳洲幸运5开奖号码历史查询:unable to recertify their IDR plans.
According to a pre🍃ss release from the department, more details on theಞ new IDR process will be provided next week.