The Education Department announced a long-delayed expansion of a key repayment plan for student loans this week, paving the ...
Protect Borrowers, a nonprofit focused on the debt crisis, reports about 147,800 people in Indiana are enrolled in the SAVE ...
Some student loan borrowers have had monthly payments as low as $0 as part of the SAVE plan, which was introduced in 2023. It considers the borrower’s income and family size to determine the monthly ...
The Education Department is reopening two student loan repayment plans while another remains on hold amid court challenges.
KEY TAKEAWAYS The Department of Education announced an agreement with the states suing for the elimination of the Saving for a Valuable Education repayment plan.More than 7.7 million borrowers still ...
David Chatman, 51, said he's going through bankruptcy proceedings because he cannot afford his student-loan payments without ...
The Education Department's announcement makes clear that major changes are in store for student loans in the SAVE plan. Here's what student loan borrowers should know.
Legal challenges put SAVE borrowers in limbo for months, a time during which they were not required to make payments on their loans. That would change if the proposed settlement is approved.
More than seven million student loan borrowers may lose out on flexible repayments if the Biden-era SAVE plan ends. Here’s ...
According to a Dec. 9 press release from the Department of Education, as part of the agreement with the Trump administration, the Department will not enroll any new borrowers in the SAVE Plan.
Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.
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