Senate and House GOP lawmakers introduced bills to block the SAVE income-driven repayment plan ahead of the resumption of student-loan payments.

  • GOP lawmakers have introduced bills to overturn Biden’s new SAVE income-driven repayment plan.

  • The lawmakers say the new plan is an overreach of authority and will cost taxpayers.

  • Borrowers can now apply for the SAVE plan before bills become due next month.

  • Astroturfed@lemmy.world
    3·
    1 year ago

    What?.. Whenever these two subjects are broached they are always only talking about government loans. While all of these loans are serviced by a company, the debt is owned by/owed to the federal government. So, loan forgiveness is a direct cost to the taxpayer. Claiming otherwise is just silly.