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Interest on SAVE plan student loans will resume Aug. 1

The Baltimore Sun · 16h

Millions of student loan borrowers to see their interest payments resume

The Education Department said on Wednesday it would resume applying interest on Aug. 1 to federal student loans of nearly eight million borrowers who enrolled in the SAVE plan.

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.

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.

2don 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 ...

4d

Immigration, gender-affirming care at the center of new student loan forgiveness proposal

Months later, the Education Department has unveiled drafted plans for the student loan forgiveness program that does just ...

3don MSN

White House Moves One Step Closer To Changing Who Can Receive Student Loan Forgiveness

Under a proposed rule, the Secretary of Education could exclude some public and nonprofit workers from receiving Public ...

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