SAVE Student Loan Borrowers, You Have Only a Few Days Left Before Interest Restarts. Should You Move to IBR?

[TECH AND FINANCIAL]

Interest will restart for SAVE borrowers whose loans remain in a general forbearance on Aug. 1. 

Viva Tung/CNET

If you’re a student loan borrower enrolled in SAVE, you have about a week left to switch repayment plans before interest will begin accruing on your loans. But although interest payments will kick in, the change doesn’t mean you have to switch repayment plans yet. 

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