SAVE plan

Education, Local News, North Dakota News

Student Loan Repayment Changes Set to Affect Students, Graduates Alike

Federal plans being cancelled means that some will see their monthly payments double - at minimum.
Gabriel Ostler,

FARGO, N.D. (KVRR) – Both current college students and graduates alike are scrambling to figure out to do regarding their student loans, with major changes coming to the federal loan repayment system. Various repayment plans are being terminated – like the SAVE plan, which will end in July. The SAVE plan was an income-based repayment plan which capped payments at…

Loans
Community, Local News, North Dakota News

Student Loan Borrowers Are Becoming Concerned Over Future of Student Loans

Juliana Pelaez,

FARGO, N.D. (KVRR) –With the future of the Department of Education uncertain, concerns have begun to rise over student loans. The concerns come after the pause on the “SAVE” plan. Currently borrowers are no longer able to apply on any income driven or extended repayment plan on their student loans. With more than 42 million people in the U.S. with…