Headline News

What Biden’s SAVE Plan Means for Student Loan Borrowers

Student loan borrowers could save thousands of dollars over the life of their loans due to changes to income driven repayment (IDR) plans set to go into effect this fall. The changes are possible despite a blow dealt to debt forgiveness by the Supreme Court late last month. The Biden administration introduced the Saving on Valuable Education (SAVE) plan to transform the old IDR system into what the Department of Education called “the most generous” student repayment option ever given to borrowers.  
Read Full Article

More news from NAICU

  • Opinion: We must not accept government coercing colleges over content
  • Colleges Push Back Against Trump’s Effort to Collect More Admissions Data
  • Trump Officials Reportedly Discussing Selling Off Student Loans
  • Higher Ed Sounds Off on Proposed Compact
  • What does the end of Grad PLUS loans mean for higher ed?
  • ED Clamps Down on Student Voting Work
  • Back to Article Overview