Student Loan Interest Resumes as SAVE Program Forbearance Ends

July 10, 2025 - 22:39

In a significant shift, the U.S. Education Department has announced that student loan interest will resume for borrowers enrolled in the SAVE program once the current forbearance period concludes. This decision marks the end of a lengthy pause on interest accrual that has provided financial relief to millions of borrowers during challenging economic times.

The Trump administration emphasized that once the forbearance ends, borrowers will be required to start making monthly payments again. This transition is expected to impact a large number of individuals who have relied on the temporary suspension of payments. As the deadline approaches, borrowers are urged to prepare for the resumption of their financial obligations.

This move has sparked discussions about the potential implications for borrowers, particularly those who may still be facing economic hardships. Advocacy groups are calling for more support and resources to help borrowers navigate this transition. As the Education Department moves forward, the focus will be on ensuring that borrowers are informed and prepared for the upcoming changes.