What's next for the 7 million student-loan borrowers who are losing their affordable repayment plan
The Trump administration said it will soon give guidance to student-loan borrowers enrolled in the SAVE repayment plan.
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- The 8th Circuit called for the approval of Trump's settlement to end the SAVE student-loan repayment plan.
- The Education Department said enrolled borrowers will soon get guidance on switching to a new plan.
- Borrowers will likely face higher monthly payments without SAVE.
Repayment for millions of student-loan borrowers could soon look very different.