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.

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 ...

You don't have to switch by Aug. 1, but interest will start accruing on your loans on the SAVE plan. Here are your options. Courtney Johnston led the CNET Money team and worked closely with the ...

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 ...

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WASHINGTON – Roughly 8 million borrowers whose student loan payments have been on pause for a year will start to see interest accrue on their debt again in August, the U.S. Department of Education ...