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Student loan interest resumes on Aug. 1 for millions

CBS News on MSN · 2d

Student loan interest for millions resumes on Aug. 1. Here's what to know.

Millions of borrowers in forbearance through the SAVE plan will see interest start accruing on Friday. Here's what to know.

MarketWatch on MSN · 2d

Student-loan interest restarts today for millions. This is what you can do.

But interest is set to resume today and if borrowers don’t make those payments, their balances will start to tick up. The announcement from the Trump administration in early July that interest would be restarting on Aug.

Student loan interest resumes, leaving borrowers concerned about their financial futures

The Department of Education has restarted charging interest on loans enrolled in the "SAVE Plan," prompting worries among millions of borrowers who relied on forbearance and zero percent interest.

24d

Student Loan Update: Interest Payments Expected To Jump Thousands

Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest resumes.

1don MSN

Bill comes due: Student loan borrowers are set to see spike in prices as Trump provision begins

Millions of student loan borrowers enrolled in a payment plan the Trump administration has called “illegal” will see their ...

4don MSN

Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more

From credit cards, car loans, mortgages, savings and student debt, here's how the Federal Reserve's interest-rate decision ...

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