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News@lemmy.worldEnglish · 1 year 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

cross-posted to:
brainworms@lemm.ee

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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 · 1 year ago

cross-posted to:
brainworms@lemm.ee

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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1 year ago
They don’t have to if they entrench themselves as the dictatorship by law.

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