Today, after a year-long pause, interest resumed on student loans enrolled in the Saving on a Valuable Education (SAVE) plan. Launched by the Biden administration in 2023, SAVE was intended to give ...

Millions of student loan borrowers who were enrolled in a Biden-era repayment plan will soon see their monthly payments increase after the current administration restarted interest accrual Aug. 1.

It will kick back in on Aug. 1 for people in the SAVE repayment program, whose payments have been on hold since last summer. By Tara Siegel Bernard The U.S. Education Department said on Wednesday that ...

WASHINGTON, DC - JUNE 03: Education Secretary Linda McMahon testifies before the Senate Appropriations Committee's Labor, Health and Human Services, and Education Subcommittee about the proposed ...