・Both the online and paper applications for income-driven repayment plans is available again after a temporary pause. ・The revised paper application no longer includes the Biden Administration’s SAVE ...
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The Federal Student Aid office within the Department of Education has announced that the Saving on a Valuable Education (SAVE) Plan will replace the existing Revised Pay As You Earn (REPAYE) Plan, ...
・The Department of Education will cancel 460,000 SAVE Plan applications, nearly one-third of its backlog. ・Borrowers must reapply for other repayment plans, which could result in higher monthly ...
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The Education Department will soon reopen applications for particular income-driven repayment plans; however, the SAVE plan will remain off-limits. Income Driven Repayment Application Portal To Reopen ...
Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Education Department continues to struggle with application ...