President Donald Trump signs executive orders relating to higher education institutions, alongside Secretary of Education Linda McMahon, right, in the Oval Office of the White House in Washington, April 23, 2025.
Saul Loeb | Afp | Getty Images
More than half a million federal student loan borrowers remain in a backlog of applications to access an affordable repayment plan, according to a new court filing.
The Trump administration reported on Monday that 576,609 borrowers’ requests for an income-driven repayment plan were still pending as of the end of February.
Many student loan borrowers rely on IDR plans to be able to afford their monthly bills. The plans limit monthly payments to a share of discretionary income and cancel any…