The SAVE plan, created under the Biden administration, was struck down as illegal by the 8th U.S. Circuit Court of Appeals.

The Education Department announced Wednesday that interest accrual for student loan borrowers on the Saving on Valuable Education (SAVE) plan will restart Aug. 1.

The US Department of Education announced on Wednesday, that interest accrual will restart for borrowers enrolled in the Saving on a Valuable Education (SAVE) plan starting August 1, due to a ...