Over 7M Student Loan Borrowers Remain in Defunct SAVE Plan—Average Debt Up $2.5K Since August 2025
Over seven million student loan borrowers remain in the defunct SAVE plan despite a permanent court injunction. Experts warn that interest accrual since August 2025 has already added an average of $2,500 to individual balances. Borrowers are urged to switch to Income-Based Repayment (IBR) immediately to avoid further debt spikes.
International Business Times UK ·