The Trump administration announced an agreement on Tuesday to officially kill the SAVE plan for federal student loans. The announcement, included in an Education Department filing to settle an ongoing legal challenge, will result in millions of borrowers being forced into more expensive repayment plans in the coming months.
“For four years, the Biden Administration sought to unlawfully shift student loan debt onto American taxpayers, many of whom either never took out a loan to finance their postsecondary education or never even went to college themselves, simply for a political win to prop up a failing Administration,” said Under Secretary…
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