What's Going on With Your Student Loans? An Expert Answers Your Top Payment and Forgiveness Questions

Borrowers are left with unanswered questions in the wake of several student loan policy shifts. The Washington Post via Getty; Design by Zooey Laio/CNET Student loan policy has experienced extreme shifts in the past few years, and we may not have seen the last of these changes yet. In the past four months we've witnessed the end of the Saving on a Valuable Education (SAVE) income-driven repayment plan, and borrowers with defaulted student loan balances now face wage garnishment. President Trump's administration has also cut staffing at the Department of Education, proposed moving federal student loan balances to the Small Business Association and is considering new payment calculations for future borrowers. There are also a lot of outstanding questions and Reddit has been awash with panicked questions. What will payments look like for current SAVE borrowers? How will any of this work? Does it make sense to switch to a private lender? And when will teachers, nurses and other public s ... Read full article.