Biden’s New Student Loan Repayment Plan Is Open. Here’s How to Enroll.

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“Borrowers who are buckling under the pressure of their federal student loans have a new option to significantly cut their payments, eventually by as much as half. The Biden administration’s new income-driven repayment plan, known as SAVE, opened for enrollment on Tuesday, providing millions of borrowers with a more affordable way to pay their monthly student loan bills, which will become due again in October after a three-year pause.”

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