🎓 The latest SAVE update

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Welcome to the 119 new readers this week! They've joined 16,422 readers getting B.S-free student loan news.

Hey friends,

In case you haven’t heard, the SAVE plan isn’t so safe anymore. Your questions have been flooding in, so I wanted to answer as many as possible in today’s newsletter.

Here’s the latest on SAVE…

• ❌ SAVE gets attacked…again (article)

• 🧑‍⚖️ How might the recent court rulings affect SAVE? (video)

• 💸 Should you pay if you’re in forbearance? (video)

• 🤔 Getting conflicting information about your loans? (video) 

• 🏛️ How the election might impact forgiveness (video)

• 🙅 Should you switch from SAVE in light of all this? (video)

• 🗣️ Q&A: Why your loans haven’t been forgiven (video)

Hit play…

🔍 No time to watch the whole thing? Here’s the low-down

• ❌ SAVE gets attacked…again
  Three Republican-led states have asked the Supreme Court to block even more parts of the SAVE plan—including the lower monthly payments that Biden won back on June 30.
  Read more

• 🧑‍⚖️ How might the recent court rulings affect SAVE?
  Honestly? I think we might be losing SAVE sometime in the future. But don’t worry—I don’t think you need to take any action yet.
  Hear my take (02:18)

• 🙅 Should you switch from SAVE in light of the attacks?
  I’ll answer this question with another question—what would you switch to, and why?
  Here’s what I think (13:51)

• 💸 Should you pay if you’re in forbearance?
  Whether you asked to be put forbearance or not, a lot of you are wondering whether you should keep paying. Short answer?
  No—here’s why (03:27)

• 🤔 Getting conflicting information about your loans?
  If something doesn’t look right with your loans (like your payment is higher than it should be) you should call your servicer. Alternatively, you can wait—a lot of the conflicting information is down to processing delays, so the changes might just take a minute to show.
  Here’s my take (06:02)

• 🏛️ How the election could impact forgiveness
  It’s a big question that we don’t have any clear-cut answers for. For now, all we can do is speculate. I shared some thoughts in this Q&A Friday video a couple weeks ago. But if you’re wondering how you can prepare for either outcome…
  Here’s my advice (09:07)

• 🗣️ Q&A Fridays: Why your loans haven’t been forgiven yet
  If you’re still stuck with your federal loans, I’m sure this question has crossed your mind. So in last Friday’s Q&A, I broke down the top forgiveness plans, explaining who qualifies and how to apply.
  Watch the discussion
  
  

🤩 Ask me anything

(Almost) every week, I answer your questions in a Q&A video. Got one for me?

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Thanks for making it this far! I’ll see you again next Wednesday.

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Take care,

Tate