{"id":34861,"date":"2025-08-04T11:10:44","date_gmt":"2025-08-04T11:10:44","guid":{"rendered":"https:\/\/financialrush.com\/?p=34861"},"modified":"2025-08-04T11:10:44","modified_gmt":"2025-08-04T11:10:44","slug":"student-loan-borrowers-tell-cnbc-how-the-end-of-save-may-affect-you","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=34861","title":{"rendered":"Student loan borrowers \u2014 tell CNBC how the end of SAVE may affect you"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108142305\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Momo Productions | Digitalvision | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>When the Biden administration rolled out <a href=\"https:\/\/www.cnbc.com\/2025\/08\/01\/student-loan-interest-free-save-forbearance-ends.html#:~:text=The%20Biden%20administration%20rolled%20out,by%20as%20much%20as%20half.\">SAVE<\/a>, or the Saving on a Valuable Education plan, in <a href=\"https:\/\/bidenwhitehouse.archives.gov\/briefing-room\/statements-releases\/2023\/08\/22\/fact-sheet-the-biden-harris-administration-launches-the-save-plan-the-most-affordable-student-loan-repayment-plan-ever-to-lower-monthly-payments-for-millions-of-borrowers\/\" target=\"_blank\">2023<\/a>, it said <a href=\"https:\/\/www.cnbc.com\/2025\/07\/30\/public-service-loan-forgiveness-pslf-becomes-harder-for-borrowers.html\">borrowers<\/a> would soon benefit from <a href=\"https:\/\/www.cnbc.com\/2025\/07\/19\/student-loan-bills-save-relief-expires.html\">the lowest monthly bills ever<\/a>.<\/p>\n<p>Nearly 7.7 million people enrolled in SAVE, the U.S. Department of Education recently said.<\/p>\n<p>But borrowers never got those promised lower payments. Just as many of the SAVE plan&#8217;s benefits were going into effect, Republican-led legal challenges<a href=\"https:\/\/www.cnbc.com\/2024\/07\/18\/federal-appeals-court-blocks-bidens-new-save-student-loan-relief-plan.html\">\u00a0blocked the program<\/a>.<\/p>\n<p>Unlike the Biden administration, President Donald Trump&#8217;s officials have not fought in the courts to preserve SAVE, and recently, Congress repealed the plan altogether.<\/p>\n<p>Now, millions of student loan borrowers are bracing for bigger payments.<\/p>\n<p>How has the end of the SAVE plan impacted you and your household finances?<\/p>\n<p>We want to hear from you.<\/p>\n<p><strong>If you&#8217;re willing to share your experience for an upcoming story on this topic, please write to me at annie.nova@nbcuni.com.<\/strong><\/p>\n<\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2025\/08\/04\/student-loan-borrowers-tell-cnbc-how-the-end-of-save-may-affect-you.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Momo Productions | Digitalvision | Getty Images When the Biden administration rolled out SAVE, or the Saving on&hellip;\n","protected":false},"author":3,"featured_media":34862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-34861","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34861"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/34862"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}