The Biden Administration’s “SAVE” program is an income-driven repayment plan, and 20 million borrowers could benefit from the plan.
The years-long pandemic pause on student loan payments resumes in October. But if you apply early enough – you might not have to make a payment this fall.Starting this summer, if you’re making $32,800 per year or less, roughly $15 per hour or less, you will qualify for $0 payments.
Those who earn more could see their payments reduced by at least $1,000 per year compared to other IDR plans, according to the Education Department.Tell us, how much are your monthly student loan payments? Will this program benefit you?Tiffany comes home to Jacksonville, FL from WBND in South Bend, Indiana. She went to Mandarin High School and UNF. Tiffany is a former WJXT intern, and is joining the team in 2023 as Consumer Investigative Reporter and member of the I-TEAM.
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