What borrowers need to know about Biden's proposed student loan repayment plan, which could cut some payments in half

What borrowers need to know about Biden's proposed student loan repayment plan, which could cut some payments in half

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The Biden administration rolled out a new proposal this week to dramatically lower monthly payments for some federal student loan borrowers. If and when the overhauled income-driven repayment plan becomes available, some people could see their bills decrease by as much as a half, according to the…

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