These are changes to take into account in student loan plan
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By next summer, new borrowers will have just two repayment options, streamlining the previous menu to pay off higher-education debt. Here’s what to know.
Millions of Americans with student loans will soon face resumed interest accrual and monthly payments as changes made under the Trump administration.
The Department of Education has announced that 0% loans will start accruing interest on August 1 for student loan borrowers in the legally-challenged Saving on a Valuable Education plan, while wage garnishment will begin later this summer.
If you are getting a student loan or paying one off, here's what you need to know about changes under Trump's "Big Beautiful Bill."
The Education Department said it will soon begin reaching out directly to the nearly 7.7 million borrowers currently enrolled in the SAVE Plan, with instruction on how to begin making payments again.