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Department of Educations efforts to reduce studentloan burdens through the new SAVE repayment plan. But the lawsuits have already resulted in a series of changing court orders temporarily barring the Department of Education from offering key SAVE plan benefits.
Department of Educations efforts to reduce studentloan burdens through the new SAVE repayment plan. But the lawsuits have already resulted in a series of changing court orders temporarily barring the Department of Education from offering key SAVE plan benefits. For what this means for borrowers, see Part 2 here.
This week there have been two big student debt relief announcements from the Biden Administration. Today, President Biden announced that 277,000 more people are having their federal studentloan debt canceled. Please consider sharing your story with NCLC to help us make the studentloan system better for borrowers.
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