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With the student loan repayment plan tied up in legal battles, millions of borrowers have had their monthly payments put on hold

By CNBC   |   1 month ago
With the student loan repayment plan tied up in legal battles, millions of borrowers have had their monthly payments put on hold

Despite delays in debt forgiveness, borrowers in the SAVE program can benefit from forbearance, where payments are paused and interest does not accrue. Switching to another income-driven repayment plan is an option, especially for those nearing debt forgiveness.

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