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Black Borrowers Hit Hard as SAVE Plan Ends

Black Borrowers Hit Hard as SAVE Plan Ends

Episode 2174 Published 4 months, 2 weeks ago
Description

The Department of Education is ending the SAVE student loan repayment plan, a program introduced under President Joe Biden to ease repayment and provide debt relief. Republicans argue the plan was illegal and misleading, while critics warn Black borrowers — who already carry significantly higher student debt — will be hit hardest by the change.
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