Eight million borrowers enrolled in the repayment plan known as SAVE will be placed in an interest-free forbearance while the administration deals with legal issues.

Eight million borrowers who are enrolled in the plan, known as SAVE, are left in limbo after a series of rulings tied to two lawsuits...

Federal appellate judges ruled that the Biden administration’s new student loan repayment plan could continue to operate as legal challenges to the program work their...

The Education Department said it would put the borrowers in forbearance while it recalculated their payments to comply with recent court rulings.

More than eight million borrowers are enrolled in the income-driven plan known as SAVE. The Education Department is assessing the rulings.

Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of...

Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of...

The income-driven plan known as SAVE has reduced payments for millions of borrowers. Lawsuits by Republican-led states are seeking to upend it.

The incremental relief brings the canceled total to $143.6 billion for nearly four million Americans.

Higher rates benefit those who can save, but for borrowers, falling rates would reduce bills on credit cards, student loans and other forms of debt.