These Student Loan Borrowers Must Act Now, Group Warns, Or Risk Losing Access To Key Plan

A student loan borrower legal organization is urging certain borrowers to take immediate action or they may lose access to key repayment plans and loan forgiveness paths as Congress moves forward with major legislative changes.

“ATTENTION Parent PLUS Borrowers: Protect your student loan options,” said the Project on Predatory Student Lending in a statement posted on X on Friday. “Congress’ Reconciliation Bill could eliminate Income-Driven Repayment (IDR) options for Parent PLUS borrowers.”

But the situation is extremely complicated for Parent PLUS borrowers right now. Many borrowers may not be able to afford their student loan payments under…

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