President Joe Biden on Tuesday launched a promotional blitz for his new program that helps student loan borrowers repay their debt, just weeks before millions of Americans are set to receive a loan bill for the first time since the beginning of the pandemic.
The Biden administration is mobilizing to convince borrowers across the country to sign up for the new income-driven repayment program — dubbed the “SAVE plan” — which caps interest accrual and lowers the monthly payment amount for many borrowers.
“It’s the most affordable student loan plan ever,” Biden said in a video released by the White House on Tuesday, describing the program as a major reform to a student loan system “that hurt borrowers for much too long.”
“If you’re eligible for the SAVE Plan, sign up now so you can lower your monthly payments in advance of payments resuming this fall,” Biden said.
That’s great. Remember this? https://www.scotusblog.com/2023/06/supreme-court-strikes-down-biden-student-loan-forgiveness-program/
Do tell us how that’s Biden’s fault.
I sure do! Who said anything about Biden’s fault?
It’s your fault, and your peers.
Or perhaps you can tell me why you’ve decided that you’re happy living your life in crippling debt, desperately crossing your fingers for the branches of government to decide that they’ll finally afford you the very smallest crumbs of relief possible.
How much above the FDIC insurance threshold of $250,000 did the individual accounts of Silicon Valley Bank get bailed out for again?
Oh, and how much has been recovered for the $100+ billion balance of PPP loan fraud?
Curious.