Student Loan Borrowers: Prepare for Payment Restart
Update: 2025-12-12
Description
Millions of student loan borrowers on the SAVE repayment plan, who havent made payments in nearly six years due to COVID-19 pauses, are facing a significant change. The Department of Education is moving them off the SAVE plan, potentially increasing monthly payments by hundreds of dollars. Borrowers are urged to review their options now as the transition approaches.
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