IBR and SAVE borrowers in trouble
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3don MSN
A popular student loan forgiveness plan was just paused, with no word on when it will start up again
Borrowers on the Income-Based Repayment plan, or IBR, will see a "temporary" halt in forgiveness, according to the DOE. What happens next is unclear.
SAVE loans will begin accruing interest starting Aug. 1, 2025. Decide if you want to switch plans, remain in forbearance, or wait for a new repayment plan.