Student loan payments will soar if borrowers don’t act soon, but glitches abound


Millions of federal student loan borrowers mired in a glitchy repayment process will soon face higher payments if they fail to get off of a low-cost plan that the Trump administration fought to end.

The Education Department will place borrowers in the most expensive student loan repayment plan if they don’t exit the Saving on a Valuable Education repayment plan — a defunct Biden-era program — in the coming months.



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