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Student Loans Kicked Off The SAVE Plan Could Face 25 Months Of Processing
The settlement ends the Biden-era SAVE plan, affecting about 7 million borrowers and requiring them to switch repayment plans amid ongoing application backlogs.
Summary by Forbes
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2 Articles
Student-loan forgiveness for public servants is at risk without SAVE plan, Dems say
Sen. Jeff Merkley raised concerns about ending the SAVE student-loan repayment plan.Chip Somodevilla/Getty ImagesA group of Democratic lawmakers raised concerns with Trump's proposed settlement to eliminate the SAVE plan.They said that abruptly moving student-loan borrowers off of SAVE could put PSLF debt relief at risk.The department said borrowers would have a limited time to begin repayment once SAVE is gone.Millions of student-loan borrowers…
·United States
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Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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