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The Independent UK
The Independent UK
Business
J.R. Duren

Millions of federal student loan borrowers have 90 days to switch plans

Many federal student loan borrowers are facing tough decisions after a recent court decision forced them to pick a new repayment plan.

A federal court ruled in March that the SAVE plan, a repayment track launched by the Biden administration in 2024, was illegal, sending 7.5 million borrowers back to the drawing board to pick a new plan.

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