Student Loan Payments During Forbearance Do Not Count Toward Forgiveness
Student loan payments made during forbearance or deferment do not count toward forgiveness under the SAVE plan. Over 7 million borrowers are exiting forbearance and will need to resume payments, which may be challenging. This affects their eligibility for debt forgiveness after 20 or 25 years of qualifying payments.
Topics: forbearance loan forgiveness SAVE plan student debt student loans