POLITICSBUSINESS INSIDER
A new legal filing calls to stop the transfer of millions of student-loan borrowers off a key affordable repayment plan
A legal filing seeks to halt the forced transfer of millions of student-loan borrowers off the SAVE repayment plan, which the Trump administration plans to eliminate. Borrowers will receive a 90-day window starting July 1 to switch to a new plan, or they will be automatically moved to more expensive options. The lawsuit argues the transfer would harm borrowers who reached relief thresholds under SAVE.
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- SAVE student loan plan ending: What borrowers need to know