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Home»Money»Student Loan Borrowers Forced To Reapply For Repayment Plans After Calculation Errors
Money

Student Loan Borrowers Forced To Reapply For Repayment Plans After Calculation Errors

Press RoomBy Press RoomJuly 28, 2026No Comments6 Mins Read
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Secretary of Education Linda McMahon, steps on stage to speak before President Donald Trump arrives at Wheeler High School in Marietta, Ga., Wednesday, July 22, 2026. McMahon is overseeing major changes to federal student loan programs, as borrowers increasingly report more application problems and errors. (AP Photo/Erik S. Lesser)

Copyright 2026 The Associated Press. All rights reserved

The Education Department has begun notifying some student loan borrowers who had applied for income-driven repayment plans that, due to a calculation error, they must now reapply again for the same repayment plan. The request potentially jeopardizes their access to affordable monthly payments and may temporarily pause their ability to remain on track...

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