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Current student loans news for 6/21/2024. Millions of borrowers enrolled in Saving on a Valuable Education (SAVE) are poised to benefit both immediately and in August, thanks to upcoming changes ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full ...
In the news. As of July 19, 2024, all student loan payments under the SAVE Plan has been put on hold due to an ongoing appeals process as Republican-led states challenge the plan’s legality.
Under the action, payments on federal student loans will remain paused through May 1. Interest rates will remain at 0% during that period, and debt collection efforts will be suspended.
What happens to any payments I made during the payment pause? If you made payments during the federal student loan moratorium (beginning March 13, 2020), you can get a refund for payments made by ...
Over three years after the pause began in March 2020, student loan payments will finally resume in October. Since inflation is still elevated, you might wonder whether you can afford to resume your...
The latest extension of the payment pause — the eighth so far — is set to expire 60 days after either June 30, or whenever the Supreme Court decides on the loan forgiveness plan.
For 42.9 million student loan borrowers , it’s been 18 months without a payment. That ends in October — ready or not. The interest-free federal student loan payment pause, known as a ...