The new plan can help lower monthly loan payments for some student borrowers and reduce the amount they pay back over the lifetime of their loans.
Joe Biden administration has launched a beta website for its new income-driven student loan repayment plan. The borrowers can use the website to submit applications for the program. Federal student loan borrowers can access the beta website at https://studentaid.gov/idr/. US President Joe Biden(REUTERS) After the Supreme Court blocked President Joe Biden ’s student debt forgiveness initiative in June, The SAVE, or Saving on a Valuable Education, plan was finalised. The new plan can […]
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