460,000 Student Loan Borrowers Seeking Lower Payments Will Be Denied. What to Do If You're One of Them
The Department of Education will deny nearly half a million student loan borrowers who applied for the lowest repayment plan based on their income. Getty Image/Zooey Liao/CNET Nearly half a million federal student loan borrowers who applied for lower monthly payments will be denied by the Department of Education. Based on internal documents obtained by Politico, the department is rejecting 460,000 student loan borrowers who selected the lowest payment option based on their income. For most app