As part of a new settlement, 7 million borrowers will be phased out of the program. With interest accruing since August, experts warn that waiting for the Department of Education to act might be a fin ...

Key Points ・The SAVE repayment plan is officially cancelled but borrowers are waiting for a date on when the administrative ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

FILE - The U.S. Department of Education building is seen in Washington, Dec. 3, 2024. (AP Photo/Jose Luis Magana, File) (Jose Luis Magana) The U.S. Department of Education is set to restart interest ...

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Trump administration announced an agreement on Tuesday to ...

(NEXSTAR) — If you’re enrolled in the Saving on a Valuable Education plan to pay off your federal student loans, you may soon need to switch your repayment option. On Tuesday, the Department of ...

Madison Marino Doan is a senior research associate in the Center for Education Policy at The Heritage Foundation. Finally, the time has come: the end of the unlawful so-called SAVE era, an era marked ...

(NEXSTAR) — If you’re enrolled in the Saving on a Valuable Education plan, or SAVE, to pay off your federal student loans, you may soon need to switch your repayment option. On Tuesday, the Department ...

WASHINGTON — It's August 1, which means the Department of Education has begun accruing interest again for student loan borrowers who signed up for the Biden-era SAVE plan. The SAVE plan has been in ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...