SpaceGo LIVE: MoneyTalksNews Millions Face a Costly Student Loan Shake-up in August

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Showing posts with label MoneyTalksNews Millions Face a Costly Student Loan Shake-up in August. Show all posts
Showing posts with label MoneyTalksNews Millions Face a Costly Student Loan Shake-up in August. Show all posts

Sunday, July 20, 2025

Millions Face a Costly Student Loan Shake-up in August Millions Face a Costly Student Loan Shake-up in August

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If you’re one of the 7.7 million borrowers on the SAVE student loan plan, brace yourself: your monthly bill may soon rise sharply. Starting August 1, the federal government will resume charging interest on loans in the SAVE forbearance program, according to CNBC. This change could leave many borrowers with payments far higher than they’ve budgeted for, especially those who earned relief under…

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