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You plan to take out new student loans starting July 2026. You're currently enrolled in SAVE. You're looking to enroll in an income-driven plan after mid-2026.
Key Points ・The SAVE repayment plan remains in legal limbo, and borrowers are simply waiting for a date on when the administrative forbearance will end. ・The One Big Beautiful Bill officially ...
You don't have to switch by Aug. 1, but interest will start accruing on your loans on the SAVE plan. Here are your options.
WASHINGTON — The U.S. Department of Education said Wednesday that it would restart interest accrual on Aug. 1 for millions of student loan borrowers who signed up for a Biden-era program. The ...
The SAVE plan, officially called the Saving on a Valuable Education plan, was enacted by former President Joe Biden in 2023. It aimed to reduce the monthly payments for those with federal student ...