Federal Student Loans
Biden-Harris Admin Launches Most Affordable Repayment Plan, Transforming Income-Driven Repayment by Cutting Undergraduate Payments in Half and Preventing Unpaid Interest Accumulation
The Biden-Harris Administration today announced that it has fully launched its updated income-driven repayment application tool on StudentAid.gov and that student loan borrowers can now officially enroll in the Saving on A Valuable Education (SAVE) plan, the most affordable repayment plan ever created. The plan is part of President Biden and Vice President Harris’ broader efforts to…
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