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Student Loan Planner

SAVE Plan Could be Toast

Jul 16, 2024
30:10

The Saving on a Valuable Education (SAVE) plan faces legal heat. Two separate lawsuits, one in Missouri and another in Kansas, each attacking the plan from a different angle. Is the SAVE plan in danger of disappearing? I’ll explain what the lawsuits mean for student loan borrowers and why they’re a risk to the SAVE plan, so you know exactly what’s going on.

In today’s episode:

  • 02:04 The Missouri and Kansas lawsuits could go all the way to the Supreme Court
  • 07:17 Progressive groups advocate freezing the student loan system
  • 17:54 My advice for borrowers caught in the middle
  • 24:03 Tax-free forgiveness for borrowers in the private sector expires in 2026

 

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