Student Loan Forgiveness 2025 Save Plan Application

Student Loan Forgiveness 2025 Save Plan Application. In june of 2023, the department of education (ed) issued new regulations that in part created a new repayment plan called save. The save plan forbearance still does not count toward student loan forgiveness for idr or pslf.

The save plan is a new idr plan, launched last year, that reduces monthly payments, stops runaway interest accrual, and provides for eventual student loan forgiveness. For those who are federal student loan borrowers, here’s how you can apply for.