Beginning August 1, federal student loan holders who are enrolled in the SAVE Plan will see interest accrue on their student loans, but payments are still suspended. Eligible borrowers can apply for and recertify under the Income-Based Repayment (IBR), Income-Contingent Repayment (ICR), and Pay As You Earn (PAYE) Repayment Plans, as well as Direct Consolidation Loans. Many changes to student loans are expected to take effect July 1, 2026. We will update this page as information becomes available. To learn the latest, go to StudentAid.gov.

Sophie Friedman

About the Author

Sophie Friedman has been writing about travel, and how best to enjoy it, since 2010. Her work has appeared in print and online in AFAR, Architectural Digest, Alaska Airlines magazine, Bloomberg, Centurion, Conde Nast Traveler, Departures, Forbes Travel Guide, Mandarin Oriental magazine, Michelin Guide, and the Wall Street Journal.

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