Interest starts accruing on Friday for student loan borrowers who enrolled in a Biden administration repayment plan. Why it matters: 7.7 million borrowers enrolled in former President Biden's Saving ...

Carrie, a single mother currently between jobs, had a student loan payment of $0 a month under the Saving on Valuable Education (SAVE) repayment plan. After a court ruling against SAVE and ...

Some are looking for new repayment options, with interest on the federal SAVE plan set to start accruing again on Friday.

Millions of borrowers in forbearance through the SAVE plan will see interest start accruing on Friday. Here's what to know.