New REPAYE Plan Could Save Borrowers Over $1 Trillion Over 10 Years

The Biden administration has announced they plan to modify the terms of the original Revised Pay As You Earn (REPAYE) plan to allow most borrowers to pay significantly less while receiving interest subsidies at the same time.  The White House wants to provide a smooth transition into repayment and reduce default. It’s also quietly created […]

The post New REPAYE Plan Could Save Borrowers Over $1 Trillion Over 10 Years appeared first on Student Loan Planner.

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