7.7m

Student loan interest restarts today for 7.7M under SAVE. Many will see monthly bills spike without warning.

Student loan interest resumes today for nearly 8 million borrowers enrolled in Biden’s SAVE plan. The temporary 0% interest waiver expired August 1, after being quietly applied last year following legal scrutiny of the plan’s funding structure. Borrowers will now see interest pile on top of balances again. According to the Education Department, “Borrowers should …

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