Talk Education
Discussion about important education topics happening all over the country.
Talk Education
The End of the SAVE Student Loan Plan
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What does it mean now that the U.S. Department of Education has agreed to end the SAVE income-driven repayment plan? Under a legal settlement, the department must stop offering SAVE and will shift all borrowers into other repayment plans allowed by federal law. This could lead to higher monthly payments for some borrowers as they lose access to SAVE’s more generous benefits. (Source: U.S. Department of Education press release)