Episode Details

Millions of student loan borrowers must switch repayment plans due to the demise of the SAVE plan. The Trump administration emphasizes repayment responsibility, while critics argue this move exacerbates affordability issues. The SAVE plan, introduced by Biden, offered more lenient terms, but now, borrowers face higher payments and accumulated interest. Additional changes are on the horizon, including no deferments for unemployment on new loans. Borrowers, brace for upcoming shifts in managing student debt.

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