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By Terry Savage on August 11, 2025 | College Savings / Student Loans

Hi Terry,

I have 2 daughters currently enrolled in the save program for their student loans. Both girls make under 70,000 per year. I just heard that as of this Friday, August 1 they will start being charged interest on their loans. They haven’t been paying because the save program did not require them to send any payments. What are they supposed to do at this point in time? Do they need to convert to another income driven plan? What happens if they do nothing? What are your thoughts?
Thank you so much!!

Terry Says

I just posted an article with everything you need to know!
https://www.terrysavage.com/student-loan-changes-act-now/

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