Only IBR plan qualifies for US student loan cancellation under Trump. (Getty Images)

The New York Times

Income-driven repayment plans and the pause

The New York Times.

The agreement: What it means for borrowers

The Times.

Additional assurances and program updates

The Times

For millions of Americans carrying the weight of student debt, a significant development has offered both relief and reassurance. More borrowers enrolled in income-driven repayment plans, whose federal loan cancellations had been temporarily halted, may soon see their balances reduced, without facing unexpected tax bills.

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