Nearly Half a Million Student Loan Repayment Plans at Risk
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SAVE loans will begin accruing interest starting Aug. 1, 2025. Decide if you want to switch plans, remain in forbearance, or wait for a new repayment plan.
Grad PLUS loans will be eliminated. Graduate students will still be able to borrow federal student loans, but will be capped at $20,500 annually, $100,000 total. Federal student loan borrowers will now have a lifetime limit, considering undergraduate and graduate education, of $257,500 in federal student loans.
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
Another key point: More borrowers will be able to get their federal student loan payments down to $0 a month under the SAVE plan, if their income is low enough. If you're worried about October ...
Federal student loan repayments begin next week. Here's what you need to know about the SAVE repayment plan, which could save some borrowers hundreds of dollars a month. 24/7 Live Los Angeles ...