Payments For Some Student Loan Borrowers Could Could Triple In 2025

Contributing sentiments towards policy:

60% : Republican leaders in Congress are floating the possibility of repealing the SAVE plan in an upcoming reconciliation bill primarily intended to extend expiring tax cuts.
51% : Here's how that could change a their monthly payment:The biggest increases in student loan payments will hit borrowers who will experience a combination of these issues -- borrowers in SAVE who, as a result of an expected congressional repeal or court decision, may have to switch to a different IDR plan and update their income information after not being required to do that for the last several years.
43% : Here's what this might look like:There are limited but potentially useful ways for borrowers to mitigate some of these anticipated increases to student loan payments.
36% : A perfect storm is brewing for millions of federal student loan borrowers, who may experience dramatic increases in their monthly payments later this year.

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