The first deadline for student-loan borrowers to pick a new repayment plan is approaching after a 30-day extension

Source: Business Insider

President Donald Trump's administration said it will place student-loan borrowers on the most expensive repayment plan if they do not voluntarily move off the SAVE plan. Alex Wong/Getty ImagesThe first deadline for student-loan borrowers to leave SAVE is at the beginning of November. It follows a 30-day extension for borrowers to select a new repayment plan.

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