Nelnet FAQ Signals Department Of Education Cut SAVE Exit Timeline By 3 Months
Nelnet, a federal student loan servicer, has quietly revised its FAQ to indicate that notices for borrowers exiting the SAVE plan will now be delivered by the end of 2026, shortening the previous timeline by three months. This change, likely reflecting a Department of Education-wide adjustment, could accelerate the SAVE migration for all 7 million borrowers.
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