“New: A federal court declined to approve a settlement between the Dept of Ed and the State of Missouri. This means that the SAVE plan is immediately and fully effective.
We're calling on the DOE to retroactively apply credits to debtors and immediately process cancellation
In December, Billionaire Education Secretary Linda McMahon struck a backroom deal with Missouri's right-wing Attorneys General to end the SAVE student loan repayment plan, stripping student debtors of their most affordable repayment “
-Rhe Debt Collective
SAVE update I just saw on Twitter (I think its about last week)
byu/Shewantsthetea inStudentLoans
Posted by Shewantsthetea
2 Comments
Do y’all think anything will happen? What would be the best course of action… I’m trying to understand tbh.
The SAVE plan has not been reinstated. Nothing is happening yet. We are waiting to see what the agreement is between both parties and what the department will do with SAVE borrowers and when. Check out the pinned post in r/studentloans: [https://www.reddit.com/r/StudentLoans/s/tFPOKrMhEK](https://www.reddit.com/r/StudentLoans/s/tFPOKrMhEK)