The Department of Education has placed several student loan repayment options on hold in response to a court order and temporarily taken down access to applications, The Hill reported.
“A federal Circuit Court of Appeals issued an injunction preventing the U.S. Department of Education from implementing the SAVE [Saving on a Valuable Education] Plan and parts of other income-driven repayment (IDR) plans. The Department is reviewing repayment applications to conform with the 8th Circuit’s ruling,” a department spokesperson said.
“As a result, the IDR and online loan consolidation applications are currently unavailable. In the meantime, borrowers can still submit a paper loan consolidation application. The Department updated information for borrowers on StudentAid.gov, including the page about court actions related to SAVE.”
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