SAVE Plan Ending: Millions Face Higher Student Loan Payments

Millions of federal student loan borrowers on the SAVE plan will soon face higher monthly payments, potentially increasing by ten to five hundred dollars, as the plan ends. The Department advises transitioning to a new repayment option, with IBR likely the most stable choice. This shift could impact household budgets and the economy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.