The Saving on a Valuable Education (SAVE) Plan is an income-driven student debt repayment plan introduced by the Biden administration. It replaced a similar plan called REPAYE. The SAVE Plan offers ...

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Trump administration announced an agreement on Tuesday to ...

Millions of borrowers on the Saving on a Valuable Education will need to choose a new repayment plan. They will have several ...

Today, after a year-long pause, interest resumed on student loans enrolled in the Saving on a Valuable Education (SAVE) plan. Launched by the Biden administration in 2023, SAVE was intended to give ...

Millions of student loan borrowers who were enrolled in a Biden-era repayment plan will soon see their monthly payments increase after the current administration restarted interest accrual Aug. 1.

(NEXSTAR) — If you’re enrolled in the Saving on a Valuable Education plan, or SAVE, to pay off your federal student loans, you may soon need to switch your repayment option. On Tuesday, the Department ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...