A recent judicial ruling has stalled the popular SAVE Plan, an income-based student loan repayment plan with potential forgiveness. On July 18, 2024, the 8th Circuit Court blocked key parts of the Biden-Harris administration’s plan and affects those with pending SAVE applications and those planning to enroll. Over 400,000 people have already seen their student loans vanish thanks to the SAVE plan, with nearly 8 million more signed up and hoping for the same relief. For those who've already gotten their loans forgiven, there's no need to worry about recent changes—they're totally unaffected. However, there are now millions of student loan borrowers uncertain about their future after a court ruling paused the Department of Education's SAVE plan. The SAVE plan made it easier to manage loans by adjusting payments according to income. We break down what this means for borrowers in our latest newsletter.
Forbes Advisor
Consumer Services
Jersey City, New Jersey 272,577 followers
Money advice, news and reviews from a name you trust. Navigating your financial decisions starts here.
About us
Forbes Advisor is a global platform dedicated to helping consumers make the best financial choices for their individual lives. We support your pursuit of success by making smart financial decisions simple, to help you get back to doing the things you care about most. We do this by helping turn your aspirations into reality. By arming you with trusted advice and guidance, you can make informed financial decisions you feel confident in and achieve your financial goals. Visit Forbes Advisor for unbiased personal finance advice, news and reviews, plus a comparison marketplace that helps you find the financial products that best fit your life and goals.
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https://www.forbesadvisor.com
External link for Forbes Advisor
- Industry
- Consumer Services
- Company size
- 201-500 employees
- Headquarters
- Jersey City, New Jersey
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- Privately Held
- Founded
- 1917
- Specialties
- Personal Finance, Best Consumer Financial Products, Credit Cards, Student Loans, Personal Loans, Mortgages, Insurance, Life Insurance, Travel Insurance, Bank Accounts, Travel, Online Brokers, Investing, Retirement, Car Insurance, Checking Accounts, Energy, Cars, Credit Card Rewards, and Comparison Marketplace
Locations
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Primary
499 Washington Blvd
Jersey City, New Jersey 07310, US
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First Floor, P&G Plaza, Andheri East
Mumbai, IN
Employees at Forbes Advisor
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Troy Young
Media executive, advisor, investor, operator. Former Global President Hearst Magazines.
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Kate Terry
Startup CEO | Public Company Board Member | Insurance & Insurtech
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Joe Cronin
Advisor. Global Benefits
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Lawrence Sprung, CFP®
What did you do today that brought you joy?® ⭐ Denise’s husband, Zach and Jeremy’s Dad 📝 Forbes Advisor Board* 📘 Author of Financial Planning Made…
Updates
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If you sell your products and services to businesses, a B2B e-commerce platform is well worth the investment. Here are the best B2B e-commerce platforms of 2024.
Best B2B E-Commerce Platform Of 2024
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Forbes Advisor has compiled this list of the best Smart TV VPNs to help you gain access to your favorite videos while keeping your online activity safe and secure.
Best Smart TV VPN Of 2024
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Overwhelmed with the news this week? Our weekly wrap-up breaks down the most pressing consumer topics—check it out here. . 🙍In 1971, 61% of Americans lived in middle-class households. However, by 2023, this percentage had fallen to 51%, according to Pew Research Center. Forbes Advisor identified six key indicators to determine who falls into the middle class. . 👩🎓An estimated 6.6 million Americans have "stranded credits," which refers to earned credits withheld by a school due to unpaid tuition or fees. This can prevent students from getting their diplomas and accessing transcripts needed to continue school or get higher-paying job opportunities. However, students can use private student loans for past-due balances as long as they meet a few conditions. . 🚗A recent survey by Forbes Advisor shows that California has the highest incidents of road rage, while Hawaii is home to the most courteous drivers in the United States. Both aggressive driving and road rage are not just dangerous, but can also result in higher car insurance rates. On average, drivers who cause an accident with property damage can expect a 45% increase in their insurance rates. . Follow our homepage for our most recent articles that will help you navigate the news and how it affects your bottom line. https://lnkd.in/ejahKRRP
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Not sure about taking the ACT? Check out this guide to decide.
What Is The ACT Test? A Complete Guide
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Gilbert, Arizona, ranks as the best city for a comfortable retirement in this Forbes Advisor analysis. Here's why.
The Best And Worst Places To Retire In 2024
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It can be challenging to compare rewards credit cards as there are so many varieties of them. That's why Forbes Advisor made this list of the best options available in 2024. 👉 https://lnkd.in/e4y6KJqk
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From Forbes Advisor UK 🇬🇧: Our weekly wrap-up breaks down the latest news and offers top tips to boost and protect your finances. . ✈️ If you’re heading off for a break this school summer holiday, either overseas or within the UK, save yourself time and mental effort by downloading our trip-tailored packing checklists. Head to our homepage for the link. . 👨🎓 High street banking providers have now unveiled their student current accounts for the 2024-2025 academic year. Bear in mind that course requirements can vary between banks, so double-check you are eligible before starting an application. . 🏠 Barclays, TSB, HSBC, and Nationwide were among the major lenders to cut the cost of mortgage deals this week which saw the first sub-4% fixed rate re-enter the frame. . Follow our homepage to keep up with the latest news that could hit your pocket. https://lnkd.in/ePM2Pa4M
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Disney vacations are notoriously expensive, but with the right credit card you can save big. Here are the best credit cards for Disney vacations of 2024.
Best Credit Cards For Disney Vacations in December 2022
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A pet insurance waiting period is the time between when you purchased your policy and when coverage begins. Here are the best pet insurance policies with no waiting period of 2024. ➡️https://lnkd.in/ebWN68VJ
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