President Biden’s Latest Student-Loan Plan Is Another Disaster

NRPLUS MEMBER ARTICLE

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ate last month, President Biden and his Department of Education announced the launch of the “SAVE” Plan, a reform that expands existing income-driven repayment (IDR) programs to the tune of up to $550 billion. Now, it’s been reported that as many as 4 million borrowers have signed up for the plan, many of them enrolled automatically.