Key Points ・The SAVE repayment plan is officially cancelled but borrowers are waiting for a date on when the administrative forbearance will end. ・The One Big Beautiful Bill officially eliminates SAVE ...
“The department urges all borrowers in the SAVE plan to quickly transition to a legally compliant repayment plan,” Secretary of Education Linda McMahon said in a news release. Money; Getty Images The ...
WASHINGTON, DC - OCTOBER 09: U.S. President Joe Biden delivers remarks on October 09, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) With the recent news that the Education Department ...
WASHINGTON, DC - JULY 04: U.S. President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law on the South Lawn of the White House on July 04, 2025 in ...
We did the math to figure out how much your monthly student loan payments could increase after the federal forbearance ends. Rebecca Safier is a personal finance writer and certified student loan ...
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How PSLF buyback amounts are calculated

Key Points ・The PSLF Buyback program lets borrowers retroactively earn credit for past deferment or forbearance months by paying what they would have under a qualifying repayment plan. ・If the pause ...
With two new repayment plans and the impending end of the Saving for a Valuable Education plan, here are all the things borrowers need to know for 2026.
Millions of student loan borrowers like myself haven't made a student loan payment since March 2020. However, with the end of the Saving on a Valuable Education (SAVE) plan imminent, I'm making ...
Millions of student loan borrowers who were enrolled in a Biden-era repayment plan will soon see their monthly payments increase after the current administration restarted interest accrual Aug. 1.
Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...
The Trump administration’s Department of Education is taking action to channel millions of borrowers who are in legal limbo back into repayment. The department announced Wednesday that interest on ...