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Here's What SAVE Borrowers Should Do by Aug. 1

Interest on SAVE plan student loans will resume Aug. 1: What borrowers need to know

Education Secretary Linda McMahon, in a statement, urged "all borrowers in the SAVE Plan to quickly transition" to a different loan program.

CNET on MSN · 1d

Student Loan Update: Here's What SAVE Borrowers Should Do by August 1

The Department of Education announced on July 9 that student loans for borrowers in the SAVE plan would start accruing interest on August 1. Their loans, however, will remain in a general forbearance. To avoid interest charges, the Department of Education is encouraging borrowers to switch to another payment plan.

USA TODAY on MSN · 2d

Student loan interest will restart for millions of SAVE borrowers

Interest is set to begin accruing for the 8 million borrowers enrolled in former President Joe Biden's SAVE repayment plan, which courts paused.

1h

Earthquake to student loans: Servicer pauses payment account tracking, causing headaches for borrowers

Millions of student loan borrowers are grappling with increased confusion after the U.S. Department of Education temporarily ...

1don MSN

Student loan servicer pauses payment counts tracking in a move experts say could cause confusion

Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments ...

The College Investor on MSN4d

Student Loan Interest Deduction Explained

Key Points ・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to ...

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