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Biden Reinstates ICR and PAYE Student Loan Plans Amid SAVE Blockage
The Biden administration will reinstate the ICR and PAYE student loan repayment plans next week, providing alternatives for at least 8 million borrowers currently in forbearance due to a legal challenge against the SAVE plan, which offered more affordable payments and faster forgiveness.
Biden Reinstates ICR and PAYE Student Loan Plans Amid SAVE Blockage
The Biden administration will reinstate the ICR and PAYE student loan repayment plans next week, providing alternatives for at least 8 million borrowers currently in forbearance due to a legal challenge against the SAVE plan, which offered more affordable payments and faster forgiveness.
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