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SAVE Borrowers Encouraged to Move to IBR Even Though Forgiveness Options Are Paused. Here's What's Going On
Millions of SAVE borrowers seeking forgiveness have been encouraged to move their loans to an Income-Based Repayment plan-- especially since their loans will start accruing interest in about a week.
WASHINGTON, DC - JULY 15: U.S. Education Secretary Linda McMahon prepares to do a live TV interview with Fox News outside of the White House on July 15, 2025 in Washington, DC. The Department of ...
There are an estimated 2 million borrowers who are currently enrolled in IBR. Many of them are approaching forgiveness but face delays and may still be required to make monthly payments even if they ...
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