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Over 7 Million Student Loan Borrowers Face New Repayment Challenges

KTSM••Addy Bink
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A significant change is on the horizon for over 7 million federal student loan borrowers who are currently enrolled in the SAVE repayment plan. These borrowers will soon need to select a new repayment option, as the SAVE plan may not be available for long. This transition could impact many individuals financially, requiring them to reassess their budgeting and repayment strategies. It's crucial for affected borrowers to stay informed about their options and act promptly to avoid falling behind on payments.

finance student-loans repayment

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