Students react to SAVE Plan Debt Forgiveness Update
Some borrowers will see their student loans forgiven next month.
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Some borrowers will see their student loans forgiven next month.
President Joe Biden issued a veto threat Monday against a Republican-led effort in Congress to overturn his administration's income-driven student loan repayment regulation.
Meanwhile, the correct payment amount will be calculated in the case of those affected.
After three years of holds, repayments begin again in a couple of weeks, but not without some changes.
Student loan repayments resume next month after a three-year pause and already four million people have enrolled in President Biden's new student loan repayment plan.