The Biden administration’s new income-driven repayment plan, SAVE, will reduce payments for millions of borrowers and more will qualify for $0 payments.
Tag: Student Loans
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As Student Loan Payments Resume, Gen X Struggles to Save for Old Age
The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age.
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Discharging Student Loans in Bankruptcy Show Mixed Results
Last year, the Biden administration provided a new path to make it easier to discharge student loans in bankruptcy. The results appear promising, but success has been limited.
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What Higher Interest Rates Mean for Mortgages, Credit Cards and More
Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
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Marie Gluesenkamp Pérez’s Business Targeted With Bad Reviews After Student Loan Vote
Representative Marie Gluesenkamp Pérez’s automobile repair business has become a target of online trolls on the left after she opposed President Biden’s student loan forgiveness initiative.