Education Department Blocks PSLF Buyback Safety Net for New Federal Student Loan Repayment Plans

The U.S. Department of Education has blocked the Public Service Loan Forgiveness (PSLF) Buyback safety net for borrowers selecting new repayment plans, effectively cutting off new federal student loan borrowers from this benefit. This change significantly impacts those with new federal student loan disbursements on or after July 1, 2026, as the Repayment Assistance Plan (RAP) is now the sole PSLF-eligible plan for these loans.