March 28, 2024
Loans

SAVE Plan revolutionizes student loan repayment: How much student debt does each generation have?

Student Loan Borrowers Get Fresh Start In a monumental move since its launch in August, the SAVE plan has attracted over 75 million student loan borrowers, offering a beacon of hope for manageable debt repayment. President Joe Biden’s recent announcement of federal student loan forgiveness for nearly 153,000 borrowers under this plan marks a significant

Read More
Loans

17 New Paths To Relief

Biden delivers remarks from the Roosevelt Room of the White House on February 16, 2024 in Washington, DC. The Biden administration announced new details on a proposed student loan forgiveness plan last week. (Photo by Anna Moneymaker/Getty Images) Getty Images The Education Department has released a detailed new student loan forgiveness proposal that could provide

Read More
Loans

How The Student Loan Safety Net Backfired

stage a rally in front of The White House to celebrate President Biden cancelling student debt and to begin the fight to cancel any remaining debt on August 25, 2022 in Washington, DC. (Photo by Paul Morigi/Getty Images for We the 45m) Getty Images for We the 45m Income-driven repayment (IDR), which allows federal student

Read More
Loans

793,000 Borrowers Get Student Loan Forgiveness Based On Their Jobs

then-Senator Kamala Harris (R) arrive on stage for the third Democratic primary debate of the 2020 presidential campaign. Both Warren and Harris have been outspoken supporters of new student loan forgiveness initiatives enacted by the Biden administration. (Photo by Robyn BECK / AFP) (Photo credit should read ROBYN BECK/AFP via Getty Images) AFP via Getty

Read More