As resumption of educational debt repayment looms, more than 7 in 10 borrowers say they are taking on extra work, while half say they don't know whether they'll be able to make payments come October.
  • OwenEverbinde@lemmy.myserv.oneEnglish
    9·
    1 year ago

    Anyone signing up for the new SAVE income driven repayment plan?

    Apparently if you’re making anything under $32,800, your payments can still be paused. (The number is higher if you have kids to feed)

    • MajorHavoc@lemmy.world
      11·
      1 year ago

      I’m glad to hear that’s in place. It’s almost literally the least we could do. It’s wild that we needed a law for that.

      I would be surprised if there’s many people in the US earning under $32.8k and successfully making every loan payment, anyway.

      Seems like the program just acknowledges what ought to happen anyway.