Nearly 8 million borrowers on the SAVE plan face dramatic monthly payment increases as sweeping federal changes eliminate most income-driven repayment options. Kansas City-area borrowers could see bills jump by hundreds per month.
Logan Hughes tries not to think about it, but his student loan payments are about to more than double. At night he can’t help but worry and wakes up grinding his teeth.
Hughes is a certified public accountant who knows better than most how to manage a budget.
He graduated in 2016, and after a year of looking he landed a job. Once he had some work experience under his belt, he bought a home in Raytown last year.
But now his partner is struggling to find suitable work while the cost of living continues to rise — and a $490 a month hike in his student loan payme