SAVE Plan Borrowers: Choose Repayment Option by August
Oakland News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Over seven million student loan borrowers on the SAVE plan receive notices to select a new repayment option due to a federal court ruling. With ninety days to choose, most will face increased payments. The Education Department introduces a new Repayment Assistance Plan, and notices are sent out in waves starting July 1st. Payments are set to resume this summer, ending the legal dispute and helping borrowers repay their loans.
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