Student Loans Kicked Off The SAVE Plan Could Face 25 Months Of Processing

Application backlogs for IDR plans may be about to get a whole lot worse for borrowers with student loans enrolled in the SAVE plan.
Hosted on MSN

IDR Processing Expected Soon Amid SAVE Uncertainty

・The paper Income-Driven Repayment (IDR) application is back online, but the SAVE plan has been removed. ・The Department of Education launched negotiated rulemaking to revise PSLF under President ...
Forbes

Processing Resumes For 3 IDR Plans, Offering Student Loan Forgiveness Paths As SAVE Plan Is Stuck

WASHINGTON, DC - JANUARY 10: U.S. President Joe Biden speaks at the Roosevelt Room of the White House on January 10, 2025 in Washington, DC. The Biden administration announced that processing has ...
The Hill

Student loans: Why millions can skip their July payment

(NEXSTAR) — If you’re one of the millions of federal student loan borrowers on the newest income-driven repayment plan, you could be in for a pleasant surprise — a payment-free July. Last summer, the ...