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What To Do If You Get ‘Final Notice’ Over Student Loan Change

Millions of student loan borrowers have 30 days to choose a new repayment plan before automatic fixed payments begin.

  • Final notices given to borrowers for 90 days to choose new repayment plan
  • Automatic shift to fixed-payment plan if no action taken within 120 days
  • Over 7 million borrowers affected by SAVE plan termination

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