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Student loan interest resumes on Aug. 1 for millions

CBS News on MSN · 2d

Student loan interest for millions resumes today. The average monthly payment could rise $300.

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

Student loan interest resumes for nearly 8 million ‘SAVE’ plan borrowers

According to a student loan advocate with the Minnesota Department of Commerce, about 700,000 people in Minnesota have student loan debt, and about 85,000 of them are in default.

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.

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Understanding Student Loan Consolidation: Is It Right for You?

Student loan consolidation can simplify payments and save on interest. Learn key pros, cons and strategies to manage your ...

2don 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 ...

5don MSN

Private Student Loan Rates: July 29, 2025 – Loan Rates Edge Up

Rates on 10-year fixed-rate private student loans moved up last week. If you’re interested in picking up a private student ...

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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