The Saving for a Valuable Education plan was ruled illegal late Tuesday, effectively ending the Biden-era repayment plan. For nearly two years, borrowers enrolled in the SAVE plan have been in limbo.
Without this Education Department oversight, borrowers could "be placed in the wrong loan repayment status, billed for ...
A federal appeals court on Monday officially finalized the termination of the Saving on a Valuable Education (SAVE) plan, the Biden program that significantly lowered repayment rates for millions of ...
It’s been a confusing time for people with student loans. Collections restarted, then were put on hold. At the same time, borrowers had to stay on top of changes to key ...
WASHINGTON, DC - FEBRUARY 28: People rally in support of the Biden administration's student loan forgiveness plan in front of the the U.S. Supreme Court on February 28, 2023 in Washington, DC. Three ...
Millions of student loan borrowers across the United States—including nearly 4 million borrowers in Texas— are scrambling to figure out their next move after a federal appeals court effectively shut ...
New Trump administration student loan policies will make postsecondary education more expensive and create new barriers for students seeking to earn graduate degrees.
Student loan rates have continued to hold steady over the last week. As of March 10, 2026, private student loan lenders are offering fixed rates as low as 2.65% APR and variable rates starting as low ...
Seven percent often marks the point where interest takes a much larger bite out of every payment. A borrower who owes $35,000 at 7.5% will send a huge portion of every monthly payment toward interest ...
Student-loan borrowers on the SAVE repayment plan will get "clear guidance" on switching to a new plan in the coming weeks.
Key Points ・The U.S. Court of Appeals for the Eighth Circuit on March 9, 2026 reversed a lower court’s dismissal of the SAVE ...
After a court declined to approve Trump's settlement to eliminate the SAVE student-loan repayment plan, borrowers filed a lawsuit calling for relief.