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Millions of college loan holders have enrolled in the SAVE Plan

Summary by Ground News
The SAVE Plan is an income-driven repayment plan. Borrowers who make more than about $15 an hour and enroll in the plan are expected to save about $1,000 more a year. The IRS can access borrower accounts directly, which means applicants won't have to renew or reapply for their payment plans every year.

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Scripps NewsScripps News
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Millions of college loan holders have enrolled in the SAVE Plan

More than 4 million borrowers have enrolled in the new income-driven repayment plan, the Department of Education says.

·Atlanta, United States
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Scripps News broke the news in Atlanta, United States on Wednesday, September 6, 2023.
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