Eliza Haverstock writes for NerdWallet. Email: ehaverstock@nerdwallet.com. Twitter: @elizahaverstock. The article Lower SAVE Student Loan Payments Can Proceed, Court Rules originally appeared on NerdWallet.

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BING NEWS:
  • New Guidance On Student Loan Forgiveness, Repayment, And Consolidation Issued In Wake Of Court Rulings
    The Education Department released new guidance this week with key updates on student loan forgiveness, IDR plans, and consolidation following multiple court rulings.
    07/3/2024 - 7:29 am | View Link
  • Lower SAVE Student Loan Payments Can Proceed, Court Rules
    Most significantly, borrowers with undergraduate loans will see their monthly SAVE payments cut by as much as half, from 10% to 5% of their discretionary income. So if you have a $400 SAVE bill, that ...
    07/3/2024 - 5:20 am | View Link
  • Millions of student loan borrowers to see their bills lowered in July — here's what else to know
    The Biden administration's new repayment plan for student loan borrowers is facing legal challenges. Here's what relief borrowers can still expect.
    07/3/2024 - 4:16 am | View Link
  • Nearly 20 million people who owe student loans not making payments as government tries to claw back $1.6tn
    Nearly 20 million people who owe student loans are not making payments, according to the latest Department of Education data. Following a three-year timeout on payments that began in 2020 during the ...
    07/3/2024 - 2:50 am | View Link
  • Biden's Student Loan Forgiveness Plan to Proceed Amid Legal Battles, Federal Appeals Court Rules
    A federal appeals court has allowed President Biden's student loan relief initiative, the SAVE plan, to continue while legal challenges are addressed. Under SAVE, many borrowers pay 5% of their ...
    07/2/2024 - 9:49 am | View Link
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