Forbearance

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Have a SAVE plan loan? Get ready to start accruing interest on your loans
Yahoo Financeยท 2025-07-27 16:00
So Mark, if you're in the Safe Plan right now, what is going to happen to your loans. >> Well, starting August 1st, they will start acrewing interest and that interest will be added to your loan balance. It won't be capitalized just yet, but uh you'll be in a general forbearance for at least another month, but you should consider switching into the incomebased repayment plan so that those monthly payments count towards eventual forgiveness. >> So, you you said you should expect to be in the forbearance peri ...