Biden proposes new student loan repayment plan: Here’s how much borrowers will save

Biden proposes new student loan repayment plan: Here’s how much borrowers will save

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The Biden administration unveiled a new loan repayment program to reduce loan payments for undergraduate students that will be especially beneficial for low and middle-income borrowers. The Department of Education's proposed rule would modify the terms of the Revised Pay As You Earn (REPAYE) plan…

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