Important Student Loan Updates

Common Student Loan Servicer Issues (Updated 03/29/2024)

• Common Student Loan Servicer Issues

General

• New Executive Order Dismantling The Department of Education
• IDR Application Updates
• Recent Changes to the SAVE Repayment Plan
• Update on the SAVE Plan
• Ended - Fresh Start: A Temporary Program for Borrowers in Default
• Major Policy & Program Updates

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Payment Pause / Payments Resuming

• Ended - On Ramp to Repayment
• Ended - COVID Payment Pause Information (CARES Act)
• How will the CARES Act relief impact borrowers who are in default on their federal student loans?

Upcoming Improvements

• New SAVE Plan Changes - July 2024
• Account Adjustments