Your Student Loan Plan Just Changed—So Should Your Strategy
August 1 isn’t just another day on the calendar.It’s the day interest starts accruing again for millions of borrowers. But for more than 8 million of us on the SAVE plan—including me and my son, Seth—the problem is much bigger.Due to recent court rulings, the SAVE plan as we know it is ending. The low payments and interest pauses felt like a lifeline, but that safety net is gone.Now, not only is interest back on, but every day we stay on the SAVE plan is a day that doesn't count toward forgiveness. The chickens are coming home to roost, and the pressure is on to make a new plan—fast.