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The Biden administration has recently rolled out a new student loan repayment plan called the Saving on a Valuable Education (SAVE) plan, designed to be more affordable for borrowers, with lower monthly payments and the potential for loan forgiveness after as little as 10 years.
Now that student loan payments are coming due, you might be looking at the bill and thinking “there’s absolutely no way I can afford to pay this.” How do you reduce your student loan payments? Well, here are 3 things you can do:
The Biden administration has been working to find ways to alleviate the burden of student loans for millions of borrowers. However, it can be quite challenging to borrowers to keep up with the evolving initiatives.
Early last month, Biden’s administration announced the long awaited student loan forgiveness plan. Of course, there are lots of questions around eligibility and what this plan might mean for you. Let’s answer them!
You just stepped out into the adult world with your degree - woohoo! Now what?