"Today, after a year-long pause, interest resumed on student loans enrolled in the Saving on a Valuable Education (SAVE) plan," CNBC reports. 

..."If you can’t afford full student loan payments right now, Megan Walter, senior policy analyst at the National Association of Financial Aid Administrators, says staying on SAVE while forbearance is in effect is a valid option.

'If you know it’s going to really financially hurt you to start making payments, then just stay in the forbearance,' she explained. 'If you can at least pay the interest, I would do that.'

Keep in mind, this is only a temporary measure: All SAVE borrowers must change plans by July 2028 or be automatically placed in the still-gestating Repayment Assistance Plan (RAP)."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 8/4/2025