Student-loan borrowers enrolled in the SAVE plan will get information on the next steps after a new 8th Circuit ruling.
The roller coaster ride for borrowers enrolled in a key affordable repayment plan continues.
On Monday, the 8th Circuit directed a district court to approve President Donald Trump's proposed settlement with the state of Missouri to eliminate the SAVE student-loan repayment plan.
The settlement would give borrowers "a limited time" to select a new repayment plan and begin repaying the loans.
Trump's "big beautiful" spending legislation called for the plan to be phased out by 2028, giving enrolled borrowers more time to prepare for higher payments on a new plan. »