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Nelnet has quietly revised its end-of-SAVE-plan FAQ to shorten its notice timeline: every 90-day notice from the servicer will now…
Key PointsThe Justice Department asked a federal judge on July 14 to dismiss Havens v. U.S. Department of Education, the…
Key PointsLoan servicers, including MOHELA and Aidvantage, are denying all outstanding SAVE plan applications at the direction of the Department…
Federal student loan servicers have begun emailing the more than 7 million borrowers still enrolled in the SAVE plan, telling…
Four borrowers want a judge to stop the July transition of millions of loans out of SAVE. History suggests the timeline won’t budge.…
Student loan servicers have started placing automated phone calls to SAVE borrowers, warning them that their loans will reenter repayment…
Key PointsRoughly 7 million SAVE Plan borrowers will start receiving 90-day notices from their loan servicers starting July 1, 2026,…
The U.S. Department of Education has started emailing borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan a…
New Zealand plans 14% cut to public service jobs to save NZ$2.4 billion
The payment pause protecting borrowers in the SAVE plan is winding down, with loan servicers set to begin notifying borrowers…