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The post SAVE Borrowers Would Be Forced To Repay Under Proposed Settlement appeared on BitcoinEthereumNews.com. Topline The Trump administration could force millions of federal student loan borrowers to begin making payments again under a proposed new settlement agreement with Missouri, the Department of Education announced Tuesday. President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) AFP via Getty Images Key Facts Federal student loan borrowers enrolled in the “Saving on a Valuable Education” (SAVE) plan would be enrolled into “legal repayment plans” under the agreement, pending court approval. The agreement would dismiss Missouri’s lawsuit against the federal government in exchange for it effectively shutting down the program. The federal government estimated in July there were more than 7.6 million SAVE borrowers in forbearance. The Trump administration accused the Biden administration of seeking to “unlawfully shift student loan debt onto American taxpayers” through the SAVE plan, widely considered the most lenient student loan forgiveness program as it shortens the forgiveness timeline for some borrowers with smaller amounts of debt, ultimately making forgiveness inevitable. Big Number $1.7 trillion. That’s the total amount of outstanding federal student loan debt. Read More Source: https://www.forbes.com/sites/saradorn/2025/12/09/millions-of-student-loan-borrowers-could-be-forced-into-repayment-plans-under-new-settlement/The post SAVE Borrowers Would Be Forced To Repay Under Proposed Settlement appeared on BitcoinEthereumNews.com. Topline The Trump administration could force millions of federal student loan borrowers to begin making payments again under a proposed new settlement agreement with Missouri, the Department of Education announced Tuesday. President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) AFP via Getty Images Key Facts Federal student loan borrowers enrolled in the “Saving on a Valuable Education” (SAVE) plan would be enrolled into “legal repayment plans” under the agreement, pending court approval. The agreement would dismiss Missouri’s lawsuit against the federal government in exchange for it effectively shutting down the program. The federal government estimated in July there were more than 7.6 million SAVE borrowers in forbearance. The Trump administration accused the Biden administration of seeking to “unlawfully shift student loan debt onto American taxpayers” through the SAVE plan, widely considered the most lenient student loan forgiveness program as it shortens the forgiveness timeline for some borrowers with smaller amounts of debt, ultimately making forgiveness inevitable. Big Number $1.7 trillion. That’s the total amount of outstanding federal student loan debt. Read More Source: https://www.forbes.com/sites/saradorn/2025/12/09/millions-of-student-loan-borrowers-could-be-forced-into-repayment-plans-under-new-settlement/

SAVE Borrowers Would Be Forced To Repay Under Proposed Settlement

Yazar: BitcoinEthereumNews
2025/12/10 02:27
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Topline

The Trump administration could force millions of federal student loan borrowers to begin making payments again under a proposed new settlement agreement with Missouri, the Department of Education announced Tuesday.

President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. (Photo by ANDREW CABALLERO-REYNOLDS / AFP)

AFP via Getty Images

Key Facts

Federal student loan borrowers enrolled in the “Saving on a Valuable Education” (SAVE) plan would be enrolled into “legal repayment plans” under the agreement, pending court approval.

The agreement would dismiss Missouri’s lawsuit against the federal government in exchange for it effectively shutting down the program.

The federal government estimated in July there were more than 7.6 million SAVE borrowers in forbearance.

The Trump administration accused the Biden administration of seeking to “unlawfully shift student loan debt onto American taxpayers” through the SAVE plan, widely considered the most lenient student loan forgiveness program as it shortens the forgiveness timeline for some borrowers with smaller amounts of debt, ultimately making forgiveness inevitable.

Big Number

$1.7 trillion. That’s the total amount of outstanding federal student loan debt.

Read More

Source: https://www.forbes.com/sites/saradorn/2025/12/09/millions-of-student-loan-borrowers-could-be-forced-into-repayment-plans-under-new-settlement/

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