✉news BusinessPersonal Finance first seen 2 h ago, last 1 h ago, peak #20

Deadline Nears for Borrowers to Exit SAVE Repayment Plan

Original: The Deadline For These Borrowers To Leave SAVE Is Coming Up

Borrowers enrolled in the SAVE student loan repayment plan face an approaching deadline to leave the program. The federal plan, blocked by courts, is being wound down, and affected borrowers must move to another income-driven repayment option or risk consequences for their loans. Reports advise borrowers to act before the deadline to avoid being placed in less favorable terms.

Why now: The federal SAVE repayment plan is being phased out following legal challenges, and borrowers must choose a new plan before the deadline.

SAVE repayment planUS Department of Educationstudent loan borrowers

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• The Deadline For These Borrowers To Leave SAVE Is Coming Up · Investopedia

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