22
Aug
Every American deserves the opportunity to pursue a college education without the burden of unmanageable student loan debt. President Joe Biden and I are committed to delivering relief to student loan borrowers. Today, we are announcing the new SAVE Plan – a new repayment plan that will save the typical borrower around $1,000 a year. Tens of millions of Americans will be eligible to save money by enrolling at www.studentaid.gov/save, lowering their monthly plans in advance of payments resuming later this fall. The SAVE plan upholds the promise we make to those seeking a quality education. Monthly payments will be based on income, rather than their total student…
