An appeals court has temporarily blocked a Biden plan that would reduce monthly payments for many to just 5% of their income.

Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.

The federal government is trying to make sure eligible borrowers are able to get credit for payments made under the Public Service Loan Forgiveness program.

A federal program used to reject most applications. But a Biden administration waiver has allowed forgiveness for $14 billion in loans.

For people pursuing student loan forgiveness, getting laid off means they’re no longer able to make qualifying payments for PSLF.