Another Student Loan Payment Pause Is Coming for Millions of Borrowers
Viva Tung/CNET; Getty Images Key takeaways The Department of Education is pausing student loan payments for nearly a million SAVE borrowers in July. The forbearance period gives the DOE time to recalculate according to the new formula that will reduce payments from 10% of your income to 5%. You have until June 30 to consolidate