Would my student loans go down if I pay extra above the SAVE payment amount? Would the extra money in payment go directly to the principal?


Yes, the extra payments would go toward principal.


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Ultimate Guide on SAVE Plan - Payment Calculation, Interest, Forgiveness

Under the Saving on a Valuable Education (SAVE) plan, a single borrower who makes less than $15 an hour will not have to make any payments. Borrowers earning above that amount would save mor..
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