Recent changes to the federal SAVE plan have caused student loan repayments to spike unexpectedly for nearly 8 million borrowers, including K-12 educators. Discover the impacts and strategies for coping with this financial shock.
SAVE plan
Student Loan SAVE Plan Changes: Financial Pressure for 8 Million Educators
Recent changes to the federal SAVE plan have caused a significant increase in monthly student loan payments for nearly 8 million borrowers, including many K12 educators. This article explores the implications for the education sector and offers strategies for financial management.