Why are over 643,000 students in the US still waiting for IDR approval and loan forgiveness?
How delays in IDR and PSLF approvals are affecting the financial stability of young professionals. More than 643,000 federal student loan borrowers in the United States are currently stuck in a growing administrative backlog, waiting either to be approved for more affordable repayment plans or for long-term loan forgiveness. The figures, revealed in a recent…