pwshub.com

SAVE Student Loan Forgiveness Plan Isn’t Dead Yet. What Experts Say Is Next

Article updated on Aug 29, 2024

Experts didn't expect the Supreme Court to reinstate SAVE before the lower courts' rulings were finalized. Here's what you can do in the meantime.

Why You Can Trust CNET Money

Our Experts

Courtney JohnstonTiffany Connors

Written by 

Courtney Johnston

Courtney Johnston

Senior Editor

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy, financial news, real estate and investing. A New Jersey native, she graduated with an M.A. in English Literature and Professional Writing from the University of Indianapolis, where she also worked as a graduate writing instructor.

See full bio

Edited by 

Tiffany Connors

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Our Experts

Courtney JohnstonTiffany Connors

Written by 

Courtney Johnston

Courtney Johnston

Senior Editor

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy, financial news, real estate and investing. A New Jersey native, she graduated with an M.A. in English Literature and Professional Writing from the University of Indianapolis, where she also worked as a graduate writing instructor.

See full bio

Edited by 

Tiffany Connors

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Why You Can Trust CNET Money

Table of Contents

  • 1. Prepare now in case SAVE is shut down
  • 2. Don’t expect payment credit during the pause
  • 3. Certain borrowers may want to switch payment plans
  • 4. Stay dialed in so you can react quickly

Getty Images/Zooey Liao, CNET

Courtney Johnston

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy, financial news, real estate and investing. A New Jersey native, she graduated with an M.A. in English Literature and Professional Writing from the University of Indianapolis, where she also worked as a graduate writing instructor.

Source: cnet.com

Related stories
1 month ago - SAVE borrowers remain stuck as they wait for the courts to issue a final ruling on the repayment plan.
1 month ago - The SAVE repayment plan has been on hold for more than a month and experts expect it to remain on hold for several months.
1 month ago - The SAVE repayment plan has been on hold for more than a month and experts expect it to remain on hold for several months.
1 month ago - The legal tug-of-war over the White House-led student loan payment and debt relief plan leaves millions of borrowers in limbo.
3 weeks ago - Another ban on another student loan forgiveness plan leaves millions of borrowers in limbo -- again.
Other stories
5 hours ago - Here's today's NYT Mini Crossword answer. These answers will help you solve New York Times' popular crossword game, Mini Crossword, every day!
6 hours ago - Here's today's Strands answers and hints. These clues will help you solve The New York Times' popular puzzle game, Strands, every day.
6 hours ago - Here's today's Connections answer and hints for groups. These clues will help you solve New York Times' popular puzzle game, Connections, every day!
6 hours ago - Here's today's Wordle answer, plus a look at spoiler-free hints and past solutions. These clues will help you solve New York Times' popular puzzle game, Wordle, every day!
6 hours ago - The Fresh Start Program can move your loans out of default and help you qualify for forgiveness options -- but you have to apply by Sep. 30.