The SAVE In-School Loophole
Ben White
MAY 1, 2024
I wrote about this last September , but it’s important enough that I’ll repeat myself with more bullet points and shorter sentences. The Summary The new SAVE student loan plan has a generous unpaid interest subsidy: every dollar of accrued interest that isn’t covered by your monthly payment is waive. SAVE also has a feature (“loophole”) that allows some borrowers to enter repayment early and benefit from that 100% subsidy on unpaid interest, effectively making quali
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