The U.S. Department of Education has so far denied requests from more than 300,000 existing student loan recipients seeking new repayment terms, according to documents filed in a federal court earlier this month.
The Dec. 15 status report in the American Federation of Teachers’ ongoing lawsuit against the federal government, filed in the District of Columbia earlier this year, said President Donald Trump’s administration rejected 327,955 applications from borrowers who sought “the lowest monthly payment possible.”
More than 800,000 applications for income-driven repayment plans, which would result in lower monthly payments, are pending, according to court papers.
The Trump administration is required to provide these status reports under an Oct. 17 agreement between the two sides in this case that stipulates the Department of Education will continue to process applications for repayment plans based on income, even though Trump has ended President Joe Biden’s far-reaching student loan forgiveness initiatives….
Education Department Has Rejected Over 300,000 Requests for Lower Student Loan Repayments
