Student-loan borrowers are getting their first batch of notices to switch repayment plans

Source: Business Insider

Student-loan borrowers enrolled in the SAVE plan are receiving notices to switch to a new repayment plan. Kevin Carter/Getty ImagesStudent-loan borrowers on SAVE started receiving notices to switch plans on July 1. Once a borrower receives the notice, they'll have 90 days to switch to a new repayment plan.

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