Starting August 1, interest resumes for 7 million borrowers under the SAVE plan, despite paused payments. Here's what it means and how to prepare.

Millions of student loan borrowers are falling behind on their payments just months after the federal pause on collections ...

Key Points ・Interest charges will resume August 1 for over 7 million borrowers in SAVE forbearance. ・Borrowers will see balances grow even while payments remain paused, adding new financial pressure.