Millions of student loan borrowers benefiting from SAVE plan will have to start repaying their loans, according to the Dept. of Education.
The Department of Education announced they reached an agreement to end the Biden-era SAVE Plan, which will require millions of student loan borrowers to resume payments. The plan had allowed $0 payments for low-income borrowers, but legal challenges blocked its key benefits.
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Millions of student loan borrowers benefiting from SAVE plan will have to start repaying their loans, according to the Dept. of Education.
The Department of Education announced they reached an agreement to end the Biden-era SAVE Plan, which will require millions of student loan borrowers to resume payments. The plan had allowed $0 payments for low-income borrowers, but legal challenges blocked its key benefits.
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