The SAVE plan phase-out could tighten mortgage affordability
As of July 1, more than 7 million federal student loan borrowers have 90 days to transition to a new repayment option as the Biden administration’s SAVE income-driven repayment plan is officially phased out. The program, launched in 2023 to lower monthly payments and accelerate loan forgiveness for many borrowers, is ending following a broader […]
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