The Education Department announced an agreement on Tuesday to officially kill the SAVE plan for federal student loans, with major consequences anticipated for borrowers.

The Trump administration announced a proposed joint settlement with Missouri that would soon force millions of student loan borrowers into repayment.

The settlement would apply to an estimated more than 7.6 million borrowers enrolled in the Saving on a Valuable Education plan who are in forbearance.

The Education Department announced an agreement on Tuesday to officially kill the SAVE plan for federal student loans, with major consequences anticipated for borrowers.

The U.S. Department of Education on Tuesday announced plans to lift a pause on certain student loan repayment plans.

The settlement would apply to an estimated more than 7.6 million borrowers enrolled in the Saving on a Valuable Education plan who are in forbearance.

The Trump administration announced a joint legal settlement that will end Biden's main student debt relief program.