New student loan plan raises bills for borrowers (opens in new tab)
Federal student loan borrowers face repayment changes as the Biden administration’s SAVE plan is set to be repealed, leaving some borrowers worried about larger monthly bills and long-term debt planning. Business Insider published a first-person account by Ariel Goldstein, who said she owes $300,000 in student loan debt and currently pays nothing each month under SAVE. Goldstein wrote that she first left college with $14,000 in debt but now owes $300,000. CNBC reported that the U.S. Departmen...
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