SAVE Student Loan Plan Is On Brink of Elimination

Some student loan repayment plans have been suspended. Here's what borrowers should know
The Trump administration's recent changes to student loans are causing frustration and confusion for some borrowers.
Student loan borrowers blocked from more affordable repayment plans, for now
The Education Department has paused applications to more affordable plans amid lawsuits against a Biden administration program known as SAVE.
SAVE Student Loan Plan Is On the Brink of Elimination
Key Points ・A recent court ruling signals the likely end of the SAVE repayment plan, but legal proceedings are not yet finalized. ・The Trump administration may keep the plan technically alive for budgetary reasons,
IDR Plans Left In Limbo: Experts Explain What's Going on With Student Loan Payment Plans
If you're enrolled in any income-driven repayment plan and reach the end of your repayment term, Rubin said you'll be placed in an interest-free forbearance period until the court offers a final ruling on student loan forgiveness.
What student loan forgiveness plans are now paused? What borrowers need to know
Millions of student loan borrowers are now facing uncertainty after the Department of Education abruptly suspended applications for income-driven repayment (IDR) plans. The unexpe
Student Loan Delinquency Rate Skyrockets As 4 Million Borrowers Are Behind
Millions of student loan borrowers are struggling to keep up with their monthly bills now that payments are required again.
Federal judge pauses all student loan income-driven repayment plan options
Wood, who works for Nerd Wallet, says a federal judge ordered a pause on the Saving on a Valuable Education (SAVE) Plan last summer. The income-driven plan designed by the Biden administration calculates loan payments based on your income and typically gives borrowers lower monthly payments than other IDR plans.
An Austin borrower may see her student loan payments skyrocket. She's not alone.
The U.S. Department of Education is not processing applications for income-driven repayment plans in response to a court ruling. Borrowers are unsure what comes next as the Trump administration shrinks the agency.
Some student loan payments skyrocket as millions of income-based payment plans halted
As the Department of Education halts certain student loan repayment plans, NBC News' Rehema Ellis reports on whether borrowers have any options.
What the Department of Education layoffs could mean for student loan borrowers: 'This will only make things worse,' activist says
The U.S. Department of Education is cutting around 1,300 staffers from its workforce, the agency announced Tuesday.The ...
How to get student loan forgiveness
If you are saddled with student loan debt, student loan forgiveness offers a promising way out. It can wipe away some — or ...
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Student loan options trimmed for cash-strapped students, parents in NJ; what to know
College graduates in New Jersey hoping to soften the blow of their student loans have fewer options now that a court ...
Student Loan Borrowers Blocked From Affordable Repayment Plans
The Education Department has pulled down all applications for borrowers seeking to enroll in income-driven repayment programs ...