Some SAVE Plan Borrowers Face Approaching Repayment Plan Deadline

A 90-day deadline is nearing for certain borrowers on the SAVE (Saving on a Valuable Education) plan to select an alternative repayment plan. Borrowers notified on July 1 face a September 29 deadline. As of September 14, 1.5 million of 7.5 million SAVE plan borrowers had chosen a new plan, highlighting a significant number still needing to act.