Student loan forgiveness: Saving on a Valuable Education Plan under threat from courts, Trump administration [Video]

CHICAGO — If you are one of the 8 million borrowers enrolled in the Saving on a Valuable Education, or SAVE, Plan student loan forgiveness program, you could start getting big bills again.

The SAVE Plan is currently being challenged in court, and experts say even if it survives, the Donald Trump administration will likely terminate it at a time when debt is snowballing. Borrowers in Illinois hold more than $62 billion in federal student loan debt.

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Kathy Broome Duke was the first in her family to graduate from college, and earned a master’s degree in human resources. But the Auburn Gresham resident also faces $75,000 in federal student loan debt.

“It’s like having a house you can’t physically enter but you know you need to pay for,” she said.

Broome Duke is one of millions enrolled in the SAVE program, which had brought her loan payments from about $900 a month to …