The SAVE plan is a new income-driven repayment plan for your federal student loans. The plan goes until full effect July 2024, but here's what is effective now.

Keep in mind, student loan interest and repayments will resume. Make sure you know who is your loan servicer, payment plan, and minimum monthly payment so you can pay off your student loans with confidence.

Check out the SAVE plan here: studentaid.gov/SAVE

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