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Fears of Collapse: Europe’s Humiliating Decline

by Ahmed Hassan - World News Editor

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US federal⁣ Student loan Forgiveness Programs⁤ (2026)

US federal Student ⁣Loan⁤ Forgiveness ⁣Programs (Updated January 19, 2026)

The United ⁣States Department of Education ⁣offers ⁤several programs designed to forgive federal student loan debt, ​providing relief to millions of borrowers. These programs are subject to​ change based on legislation and administrative action, so staying informed is crucial. This report details current options as of⁤ January 19, 2026.

Income-Driven⁢ Repayment (IDR) Forgiveness

Income-Driven ​Repayment (IDR) ‌forgiveness discharges ⁤remaining loan balances after borrowers make 20 or 25 years of qualifying payments, depending on the specific⁣ IDR plan. ⁣The Federal ⁢Student Aid website provides detailed​ facts⁢ on IDR plans.

IDR⁢ plans tie ​monthly payments to a borrower’s ⁢income and family size.⁣ ‌Currently available plans include​ Saving on a Valuable Education (SAVE), Income-based Repayment ‍(IBR), Income-Contingent Repayment (ICR), and Pay⁤ As You Earn​ (PAYE). The⁤ SAVE plan, introduced in August 2023, generally offers the lowest monthly ‌payments and‍ fastest ​path to forgiveness for many borrowers.‌

Example: A⁣ borrower with $50,000 in federal student loans enrolled‍ in the SAVE plan, ⁢earning $40,000 annually, could see their monthly ‍payments reduced significantly, and perhaps have ​their remaining balance forgiven after 20 years of qualifying ⁢payments. ⁤ The SAVE plan details ‍ on the Federal Student Aid website outline specific⁤ income thresholds and payment⁤ calculations.

Public Service ‌Loan Forgiveness‍ (PSLF)

Public Service Loan forgiveness (PSLF) forgives‌ the remaining​ balance on Direct Loans after 120⁢ qualifying monthly payments‌ while working​ full-time for a qualifying employer. Qualifying ‌employers include U.S. ‍federal government ⁣organizations, state and local governments, ​and certain‍ non-profit organizations. The‌ PSLF ⁣Help Tool ‌assists⁤ borrowers in determining eligibility.

PSLF has undergone notable changes in recent⁣ years,including a temporary expanded PSLF‌ waiver that ended October 31,2022. This waiver allowed‍ past​ payments on ‌all loan types to count⁤ toward PSLF, ​even if they weren’t made under ‍a qualifying repayment plan. ⁢ While the waiver has expired,the program continues​ to offer forgiveness for ​eligible⁢ borrowers.

Evidence: As of December 2025, the Federal Student Aid data shows ⁣that over $62 ‍billion in student​ loan debt has been forgiven through PSLF since the program’s inception.The ⁣Department ⁣of Education continues to refine PSLF rules to address‌ historical issues​ with program management.

Teacher Loan Forgiveness

Teacher Loan Forgiveness offers up ⁢to $17,500 in forgiveness to highly qualified teachers who⁤ teach full-time for five complete and consecutive academic years in a low-income school. The specific amount forgiven depends on the subject taught; teachers in certain high-need fields (e.g., mathematics,⁤ science, special education) may be eligible ⁢for a larger forgiveness amount. Details are⁣ available ⁣on the Teacher Loan Forgiveness page.

To qualify, teachers must meet specific requirements, including holding a‍ valid⁣ teaching certificate and⁢ teaching at a qualifying school as determined by the Department‍ of Education. ⁢The program is administered by loan servicers, and teachers must submit an application after completing five ​years of qualifying service.

Example: ‌ A ⁤high school math teacher who teaches for ‌five ‌years at a Title I school with a ⁣high percentage⁣ of low-income students could be eligible ⁣for up to $17,500 in loan forgiveness. The⁣ eligibility requirements are clearly ‌outlined on the Federal⁢ Student Aid‌ website.

borrower⁢ Defense​ to ‌Repayment

Borrower Defense to Repayment allows ⁣borrowers to seek loan forgiveness if their school engaged⁤ in⁢ certain misconduct, such as making‍ false or misleading statements about the ⁢educational program or ‍employment ‍prospects. The Borrower Defense to Repayment⁣ page explains the process⁢ and​ eligibility criteria.

The Department of Education ⁤has‍ faced legal ‌challenges regarding the implementation of Borrower Defense, particularly following ‌the 2016 rule-making process. ‍ In June ⁤2023, the ‍Supreme Court partially ⁤blocked the Biden administration’s revised Borrower Defense rule.⁤ Though,​ the Department continues to process‍ claims ‌and provide relief to eligible ‍borrowers.

Evidence: In January 2024, the Department of Education announced it would begin automatically discharging student loans for approximately 153,000 borrowers who were defrauded by their colleges, totaling over $1.2 billion​ in relief.This action stemmed ⁢from settlements and court rulings related to Borrower Defense claims against institutions like Devry University.

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