Drew Angerer / Staff / Getty Images At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . In late June, two federal judges placed temporary injunctions on forgiveness through the Saving on A Valuable Education (SAVE) repayment plan following the U.S. Department of Education’s announced changes last week. However, a July 1 appeals court decision means planned...

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . Breaking news As of June 24, aspects of the SAVE Plan have been placed on a temporary hold by two federal courts. Further forgiveness is on pause, as is the plan to reduce certain borrowers’ payments in July. However, the Education Department states that borrowers can still apply for the program as it...