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Planet Money
Planet Money

The new Biden plan that could still erase your student loans

Aug 11, 2023 · 27m
AI Summary
  • Supreme Court struck down Biden's loan forgiveness plan, but the SAVE income-driven repayment plan remains alive and powerful
  • SAVE will erase student debt for low-income borrowers through seemingly minor provisions that have major long-term impact
  • Many borrowers will eventually have debt forgiven after paying less than expected when payments resume in October

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