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Here's What SAVE Borrowers Should Do by Aug. 1

Student loan interest will restart for millions of SAVE borrowers

Roughly 8 million borrowers whose student loan payments have been on pause for a year will start to see interest accrue on their debt again in August, the U.S. Department of Education said.

Straight Arrow News on MSN · 14h

Millions of student loan borrowers will soon have interest restarted

CNET on MSN · 19h

Student Loan Update: Here's What SAVE Borrowers Should Do by August 1

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Nearly 8 million US student loan borrowers to see interest charges again

The Education Department will soon begin to charge interest on student debt for an estimated 7.7 million borrowers who’ve been in legal limbo since a repayment plan created by President Joe Biden was ...

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Upcoming Changes to Student Loans, Interest Returns Soon

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8 million student loan borrowers are in for a jarring surprise August 1 as Trump admin restarts mandated interest payments

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Millions of Americans are about to see their student loans accrue interest again. Here’s what to know.

Starting in August, they’ll see their balances tick up as interest on the loans resumes.

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Trump ends student loan subsidy for 7.7 million people who will soon see bills increase

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Trump's Education Dept. to resume interest on SAVE plan loans starting in August

Department of Education confirms: Here's when student loans for SAVE Plan borrowers will start accruing interest again

Millions of student loan borrowers enrolled in the Biden administration's signature repayment plan are now approaching an unwelcome reality. The U.S. Department of Education has

The Southern Maryland Chronicle on MSN20h

Education Department Ends SAVE Plan Zero Interest

The U.S. Department of Education will restart SAVE Plan interest accrual for nearly 7.7 million borrowers on August 1, 2025, following a federal court injunction that declared the Saving on a Valuable Education (SAVE) Plan unlawful.

1don MSN

Education Department Resumes SAVE Plan Interest Accrual

Student loan borrowers repaying loans through the Saving for a Valuable Education (SAVE) repayment plan have been in a zero-interest forbearance for nearly a year. The Department of Education said Wednesday that balances under the plan will start accruing interest on Aug. 1.

23h

Dept. of Education announces they'll start interest accumulation on SAVE plan loans in weeks

The Department of Education's announcement gives borrowers just weeks to consider their options before interest begins accumulating on their loans.

1don MSN

Education Department announces interest payments for SAVE student loans to resume in August

The Department of Education said Wednesday it would restart interest payments next month for about 8 million student loan borrowers on the Saving on Valuable Education plan.

USA Today1y

Biden's SAVE student loan plan boosted by Education Department - USA TODAY

Biden's SAVE plan for student loans: It may seem confusing.Here's how to use it. The Education Department’s show of unity on what it has billed as the most affordable student loan repayment plan ...