SAVE Lawsuits: Current Status, Next Steps, and Tips for Borrowers Navigating the Chaos
Uncover the details of the SAVE litigation, from court rulings to potential scenarios, and get essential advice for managing your student loans.
Uncover the details of the SAVE litigation, from court rulings to potential scenarios, and get essential advice for managing your student loans.
Ongoing legal challenges and SAVE regulations are complicating the future of IDR plans, leaving borrowers uncertain about the best way to manage their student loans.
Reinstating REPAYE could support borrowers affected by the SAVE litigation and address potential legal violations by the Department of Education.
Some advanced student loan repayment strategies allow borrowers to eliminate student debt and contribute to retirement accounts like a 401(k) or IRA.
The SAVE interest subsidy makes it the best repayment plan for borrowers struggling to keep up with their federal student loans.
The new SAVE plan will offer the lowest monthly payment for the vast majority of borrowers.
The newly announced SAVE plan will eliminate or change most of the income-driven repayment plans currently available.
There are many different federal repayment plans and each option comes with unique advantages and disadvantages.
Many borrowers worry that changing income-driven repayment plans will result in starting from scratch on the path to student loan forgiveness.