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Interest will restart for 8 million student loan borrowers

Interest on SAVE plan student loans will resume Aug. 1: What borrowers need to know

Education Secretary Linda McMahon, in a statement, urged "all borrowers in the SAVE Plan to quickly transition" to a different loan program.

The Baltimore Sun · 15h

Millions of student loan borrowers to see their interest payments resume

The Education Department said on Wednesday it would resume applying interest on Aug. 1 to federal student loans of nearly eight million borrowers who enrolled in the SAVE plan.

USA TODAY on MSN · 2d

Student loan interest will restart for millions of SAVE borrowers

Interest is set to begin accruing for the 8 million borrowers enrolled in former President Joe Biden's SAVE repayment plan, which courts paused.

2don MSN

Student loan interest charges to kick back in for roughly 8 million borrowers

Roughly 8 million student loan borrowers will see their interest charges restart next month, according to a source familiar.

2don MSN

Student loan servicer pauses payment counts tracking in a move experts say could cause confusion

Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments ...

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