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Here's What SAVE Borrowers Should Do by Aug. 1

Student Loan Update: Here's What SAVE Borrowers Should Do by August 1

The Department of Education announced on July 9 that student loans for borrowers in the SAVE plan would start accruing interest on August 1. Their loans, however, will remain in a general forbearance. To avoid interest charges, the Department of Education is encouraging borrowers to switch to another payment plan.

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Student loan interest will restart for millions of SAVE borrowers

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Millions of student loan borrowers to see their interest payments resume

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Upcoming Changes to Student Loans, Interest Returns Soon

Tune in for insights from Joe St. George.

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Student loan interest comes back

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Education Department announces interest payments for SAVE student loans to resume in August

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Trump ends student loan subsidy for 7.7 million people who will soon see bills increase

The organization said as a result, “the Trump administration will pass on more than $27 billion in unnecessary costs to working families with student debt in the next 12 months alone.”

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Trump's Education Dept. to resume interest on SAVE plan loans starting in August

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Student Loan Interest To Skyrocket For Borrowers In SAVE Plan

Arizonans on student loan repayment plans can expect big changes under Big Beautiful Bill

Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.

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Student loan servicer pauses payment counts tracking in a move experts say could cause confusion

Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.

The College Investor on MSN3d

Student Loan Interest Deduction Explained

Key Points ・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to $500 per year depending on their tax bracket and interest paid.

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Trump's spending bill brings changes to student loans, taxes and Medicaid—here's when they go into effect

Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.

Education expert: Trump’s ‘One Big Beautiful Law’ empowers students, limits loan debt

America First Policy Institute Chair of Education Opportunity Erika Donalds said because of President Donald Trump, as well as Education Secretary Linda McMahan, the new spending law benefits