Although interest will restart next month, borrowers enrolled in SAVE remain in a general forbearance -- for now. If you're ...

Overall, the change will see borrowers being charged more than $27 billion in interest over the next 12 months.

Federal student loan borrowers who enrolled in President Biden’s SAVE income-driven repayment plan have been in an ...

Education Secretary Linda McMahon, in a statement, urged "all borrowers in the SAVE Plan to quickly transition" to a ...

The Education Department said on Wednesday it would resume applying interest on Aug. 1 to federal student loans of nearly ...

The Trump administration will resume charging interest next month on student loans under the Biden-era SAVE plan, which have ...

Millions of Americans with student loans will soon face resumed interest accrual and monthly payments as changes made under ...

Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest ...

It will kick back in on Aug. 1 for people in the SAVE repayment program, whose payments have been on hold since last summer.

The department urges all borrowers in the SAVE plan to quickly transition to a legally compliant repayment plan,” Secretary of Education Linda McMahon said in a news release.

The Department of Education will resume student loan interest payments on Aug. 1, slamming President Biden for using loan ...

The Trump administration said borrowers enrolled in the SAVE program will see their balances grow, starting in August.