Borrowers Face Long Waits for Student Loan Forgiveness Decisions as Education Department Struggles with Processing

Borrowers are experiencing long delays in processing student loan forgiveness applications, including Public Service Loan Forgiveness (PSLF) and income-driven repayment plans. The Department of Education has a backlog of nearly 90,000 PSLF Buyback applications as of March 2026, with some borrowers waiting over a year for a decision. The situation impacts millions of borrowers who rely on these programs for financial relief.

By Elizabeth Guevara Fri, April 17, 2026 at 9:23 PM GMT+3 3 min read · Yahoo Finance ·

Borrowers Face Long Waits for Student Loan Forgiveness Decisions as Education Department Struggles with Processing

Topics: education policy loan processing delays Public Service Loan Forgiveness student loans

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