Millions of student loan borrowers face repayment decisions after SAVE legal agreement

KEY TAKEAWAYS The Department of Education announced an agreement with the states suing for the elimination of the Saving for a Valuable Education repayment plan.More than 7.7 million borrowers still ...
CNET

Stay With SAVE for Student Loan Forgiveness, Experts Say -- With 4 Exceptions

While the election results will likely affect student loan forgiveness options, for now, most borrowers should remain on this repayment plan. Rebecca Safier is a personal finance writer and certified ...

Trump administration moves to end the SAVE plan for millions of student borrowers

Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.
Forbes

3 Reasons For Student Loan Borrowers To Leave SAVE Plan – And 4 Reasons To Stay

WASHINGTON, DC - OCTOBER 09: U.S. President Joe Biden delivers remarks on October 09, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) With the recent news that the Education Department ...
The Hill

Education Department restarts interest accrual for borrowers on SAVE plan

The Education Department announced Wednesday interest accrual for student loan borrowers on the Saving on Valuable Education (SAVE) plan will restart Aug. 1. The SAVE plan, created under the Biden ...
CNET

Enrolled in SAVE? Here's Much Could Your Student Loan Payment Could Increase

We did the math to figure out how much your monthly student loan payments could increase after the federal forbearance ends. Rebecca Safier is a personal finance writer and certified student loan ...
Forbes

Student Loan SAVE Plan Is ‘Not Coming Back In Any Way,’ Warns Official

WASHINGTON,DC - MARCH 7: Secretary of Treasury Scott Bessent speaks with President Donald Trump at The White House Digital Assets Summit at the White House in Washington, DC, on March 7, 2025. (Photo ...