Half a Million Loan Apps Just Got Denied

Nearly 460,000 people hoping for lower student loan payments just got shut down. The Education Department is rejecting all those applications for the lowest monthly payment plan (the SAVE Plan) because the courts blocked it. Now, borrowers are stuck in limbo, possibly facing higher payments and more interest in the long run. If you picked the lowest payment option, double-check your plan—things are changing fast! #Education #StudentLoans #DebtCrisis