7 million student-loan borrowers will soon need to take action — or be put on the most expensive repayment plan

Source: Business Insider

Student-loan borrowers on the SAVE plan will soon receive notices with a deadline to transfer to a new repayment plan. nirat/Getty ImagesStudent-loan borrowers on SAVE will receive notices to find a new plan beginning in July. If they do not take action, they'll automatically be placed in the most expensive plan.

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7 million student-loan borrowers will soon need to take action — or be put on the most expensive repayment plan

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