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News@lemmy.worldEnglish · 2 years ago

Republican lawmakers launch an effort to block student-loan borrowers from enrolling in Biden's new plan intended to lower monthly payments

www.businessinsider.com

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Republican lawmakers launch an effort to block student-loan borrowers from enrolling in Biden's new plan intended to lower monthly payments

www.businessinsider.com

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 2 years ago

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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.

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How does student loan forgiveness or payment plans cost taxpayers anything?
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