Student Loan Safety Net

  • The US White House is moving forward with a proposal that would lower student debt payments for millions of Americans now and in the future, offering a new route to repay federal loans under far more generous terms.
  • The new plan lowers monthly payment requirements and creates an easier path to loan forgiveness.
  • Despite the low profile of the payment plan, some experts see it as a more powerful tool to make college affordable, especially for those with lower incomes.
  • If it is finalized, the proposal would give a major overhaul to income-driven repayment plans — one of several ....
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