Some SAVE Student Loan Borrowers Face Upcoming Repayment Plan Deadlines

Borrowers enrolled in the Saving on a Valuable Education (SAVE) plan are approaching 90-day deadlines to select alternative repayment plans, with some as early as September 29. The Department of Education stated loan servicers would notify individual borrowers, and some notices are still being sent. This impacts borrowers' financial planning and repayment obligations.