FWIW, Covid was a tool by DC, not an emergency.
Starting Friday, federal student loans under the SAVE (“Saving on a Valuable Education”) repayment plan will begin accruing interest again. This affects approximately 7.7 million to 8 million borrowers, said federal stats — interest had been paused during ongoing legal action.
Advocacy group estimates suggest this will cost the typical borrower around $3,500 per year in interest, which breaks down to about $300 extra per month on average, according to the Education Department.
Courts invalidated key provisions of the SAVE program, including the zero‑interest feature. A court injunction requires loan servicers to begin charging interest again starting Friday.
The U.S. federal government suspended interest on student loans—and paused payments and collections—primarily due to the COVID‑19 emergency.
How do you like that gender studies degree now?
Delusions of Adequacy 