Student Loan Interest Freeze Ends for 7.7 Million Under SAVE Plan
" The U.S. Department of Education announced on July 9 that interest will resume accruing on federal student loans enrolled in the Saving on a Valuable Education (SAVE) income-driven repayment program beginning August 1," WCTU reports.
... "Melanie Storey, president of the National Association of Student Financial Aid Administrators (NASFAA), expressed concern over the short notice, describing the change as adding confusion and uncertainty for borrowers."
"'Borrowers are again caught in the political crosshairs regarding student loan repayment,' Storey said."
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Publication Date: 7/10/2025
