Interest Charges Restart for Nearly 8 Million US Student Loan Borrowers

Reported about 9 hours ago

The US Department of Education will soon charge interest on student loans for about 7.7 million borrowers impacted by a blocked repayment plan. Starting August 1, the interest will accrue for those in the SAVE program, although payments are not yet required. Affected borrowers may consider switching to other repayment plans as the legal situation unfolds.

Source: YAHOO

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