Federal Student Loan Borrowers in the SAVE Plan Have 90 Days to Switch Repayment Options
Starting July 1, federal student loan borrowers enrolled in the Biden-era Saving on a Valuable Education (SAVE) plan will have 90 days to transition to new repayment options. Failure to act may result in higher monthly payments or limited forgiveness benefits.
Topics: federal student loans income-driven repayment Public Service Loan Forgiveness repayment plans