Nearly half a million student loan repayment plans at risk
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The pause impacts millions seeking relief under one of the last remaining federal income-driven repayment options not blocked by legal challenges.
SAVE loans will begin accruing interest starting Aug. 1, 2025. Decide if you want to switch plans, remain in forbearance, or wait for a new repayment plan.
Another key point: More borrowers will be able to get their federal student loan payments down to $0 a month under the SAVE plan, if their income is low enough. If you're worried about October ...