Source: https://www.forbes.com/sites/adamminsky/2026/01/05/7-million-student-loan-borrowers-likely-to-see-payments-jump-very-soon/
From the post:
>More than seven million borrowers may soon see their student loan payments skyrocket as the Education Department implements a settlement agreement that ends the SAVE plan.
Last month, the Trump administration entered into a settlement agreement with the state of Missouri and other GOP-led states that had brought a legal challenge over the SAVE plan, a Biden-era repayment program that offered reduced payments and fast-tracked student loan forgiveness. That settlement is still pending court approval, but once it is finalized, millions of borrowers with student loans enrolled in SAVE who have been in a no-payment forbearance for more than a year will likely be forced back into repayment.
Source: https://www.forbes.com/sites/adamminsky/2026/01/05/7-million-student-loan-borrowers-likely-to-see-payments-jump-very-soon/
From the post:
>>More than seven million borrowers may soon see their student loan payments skyrocket as the Education Department implements a settlement agreement that ends the SAVE plan.
Last month, the Trump administration entered into a settlement agreement with the state of Missouri and other GOP-led states that had brought a legal challenge over the SAVE plan, a Biden-era repayment program that offered reduced payments and fast-tracked student loan forgiveness. That settlement is still pending court approval, but once it is finalized, millions of borrowers with student loans enrolled in SAVE who have been in a no-payment forbearance for more than a year will likely be forced back into repayment.
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