Student Loan Forgiveness Application Backlog Continues to Widen 📉

A major backlog of applications for a popular federal student loan forgiveness program shows no signs of improving, and a Department of Education court filing last week revealed that the backlog continues to get even larger. 0:00 Introduction 0:32 How The Buy Back Program Works 3:53 How Many People Are In The Program 5:11 Why Is There A Backlog? 6:32 The Response From The Department Of Education 7:57 What Does This Mean For Borrowers? 12:39 Advice For Borrowers Read the full story on Forbes: https://www.forbes.com/sites/adamminsky/2025/08/18/student-loan-forgiveness-application-backlog-gets-even-worse/ Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.